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AKD

PO BOX 59280, 1040 KG AMSTERDAM, NETHERLANDS
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Grindrod takes over ABC group

November 2010

UBO Holdings B.V. is an acquisition holding company set up by Grindrod Trading (Asia) PTE LTD and Island View Shipping International PTE Limited, both of which form part of the South African company Grindrod Limited (Grindrod).

Grindrod is listed on the Johannesburg Stock Exchange and provides, among other things, shipping agency services, sea transport and logistic services associated with the foregoing. The company also trades in oil, marine fuel and industrial raw materials. Although Grindrod's head office is in Durban, South Africa, it also has offices in the United Kingdom, Spain, Singapore and the United Arab Emirates. The company is represented in all major ports of the African continent and has also acquired strong positions in the major ports of Europe, including of course Rotterdam and the Middle and Far East. Moreover, the company is active in South America.

In addition to those in Rotterdam, ABC and UBO also have offices in Antwerp, Belgium. The companies trade in oil and other fuels and use four ships of their own as well as chartered ones.

AKD's team consisted of Carlos Pita Cao, François Koppenol and Laura de Jong in cooperation with Jos van der Meché and Ellen Kole.


For more information please visit www.akd.nl 

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