The Commission for the Protection of Competition received a notification of a proposed concentration, concerning the acquisition by Stena Bulk AB of the share capital of Stena Weco A/S, through Stena Denmark APS.
Stena Bulk AB is a company duly registered under the laws of Sweden. The company’s core business is the transport of crude oil and refined petroleum at sea all over the world and in addition it offers respective transport services to oil and chemical companies as well as independent trading houses. Furthermore, Stena Bulk AB charters out some of its tankers, and to a very limited extent, it has also used its tankers to transport vegetable oils.
Stena Bulk Denmark APS is a company duly registered under the laws of Denmark, and it is a wholly owned subsidiary of Stena Bulk AB. Τhe company operates in shipping and related activities, and holds investments.
Stena Weco A/S is a company duly registered under the laws of Denmark, and it operates tankers which transport petroleum products, edible oils and easy chemicals.