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Dan-Bunkering expands into Africa market with South African Bunkering and Trading merger

04 Apr 2022

Dan-Bunkering on Friday (1 April) announced the merger of South African Bunkering and Trading (SABT) into its global operations effective 1 May 2022.

“Merging the global competencies of Dan-Bunkering with the specialised know-how of the African bunkering markets that South African Bunkering and Trading (SABT) has acquired through many years of operation, will provide strong synergies between the companies and their clients,” it explains.

“Joining forces between the world-wide bunker company Dan-Bunkering and the African bunkering specialist SABT, Dan-Bunkering will for the first time be able to expand into Africa with a physical presence.”

Over the last decade, SABT has both positioned itself as the expert in bunkering throughout the African continent as well as being the preferred outlet for many of the local suppliers, according to Dan-Bunkering.

Moving forward, SABT will be unified under the Dan-Bunkering brand.

“With the merger between our companies we will be able to draw on a global presence, scaling our business and further developing our value proposition towards clients and suppliers,” says Jon Hughes, Managing Director of SABT.

The SABT merger with Dan-Bunkering comes less than a year after LQM merged into Dan-Bunkering, strengthening the company’s position in the US, also adding further local offices to the global bunker trading company.

“We are proud that SABT is partnering up with Dan-Bunkering,” notes Claus Bulch Klausen, CEO of Dan-Bunkering.

“The synergies of joining Dan-Bunkering’s more than 40 years of global experience to the locally anchored expertise of SABT in Africa is what’s essential to Dan-Bunkering and creates the foundation for continued growth. I look forward to getting started on this next chapter of our journey together.”

The SABT office in Cape Town holds 20 employees who all will remain within the new, unified company, ensuring a smooth transition and providing familiar faces to all clients and suppliers.

Related: LQM bunker brokers to operate under Dan-Bunkering brand, says CEO
Related: Official: LQM Petroleum to close London office and focus on business in the U.S.

 

Photo credit: Dan-Bunkering
Published: 4 April, 2022

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