Rotterdam-based Burando Maritime Services acquires Atlantic Horizon Group

Maritime service provider Burando Maritime Services on Wednesday (27 September) said it has acquired Atlantic Horizon Group, further strengthening its market position. 

The firm said the joint enterprise will operate under the name “Burando Atlantic Group”, moving forward.

“Today marks a significant milestone as we bring together two leaders in international and domestic shipping, supplying bunkers, lubricants, and ship supplies to both sea and inland vessels,” it said in a social media post. 

“Recognising the strong alignment between our companies and the exciting synergies that lie ahead, it was a natural progression for us to unite. At Burando, we see this as an opportunity to seamlessly integrate our complementary activities, paving the way for the enhanced Burando Atlantic Group.”

Burando Maritime Services said it will prioritise the integration of operations where possible in the near future while maintaining the operational divisions of Atlantic Horizon under their existing name. 

“We aim to elevate our customer service offerings to new heights by harnessing our combined expertise and resources. We are excited to welcome Atlantic Horizon to our organisation and look forward to a seamless integration.”

“This acquisition reinforces Burando’s position as a prominent player in the maritime sector, with the combined revenue of the resulting combination expected to be approximately EUR 2+ billion.”

Related: Burando Maritime Services announces transformation of former waste oil terminal into biofuel terminal

Photo credit: Atlantic Horizon Group
Published: 28 September, 2023