Maritime service provider Kaeline Group, a subsidiary of Cyprus-based Fameline Holding Group, has acquired Netherlands-based bunkering firm Sea Bunkering International (SBI).
The development greatly increases Kaeline Group’s physical presence in the North European markets, says its Managing Director.
“SBI is an internationally recognised supplier of quality products, servicing clients across the globe,” said Adamos Seraphides.
“The skill set that this acquisition brings on board will strengthen our aim to increase Lubricant and Bunker volumes across all our brands and markets.
“The customer-centric approach of Dave Gregory, Iwan van der Leest, and their team, has built a loyal customer base that mirrors our personal approach within Kaeline Group Ltd.
“Finally, ‘SBI’ fits strategically with the objectives of Kaeline Group Ltd. We are excited in concluding the integration and we will continue with the company’s expansion.”
Kaeline Group has offices in Limassol, New Jersey, Singapore, Piraeus, Rotterdam, Hamburg, Dubai, and with the latest acquisition – Groningen.
Published: 24 January, 2018
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