Marquard & Bahls separates from natGAS to focus on storage business

Marquard & Bahls AG is selling its stake in natGAS AG, Potsdam, to the former co-shareholder Friedrich Scharr KG, Stuttgart, subject to approval by the antitrust authorities.

The sale of the natGAS shares is in line with Marquard & Bahls’ overall strategy of concentrating more on the growth of its core activities in tank storage logistics, trading and aviation fuelling.

The shares previously held by Marquard & Bahls will be taken over by Friedrich Scharr KG, who will thus become the largest single shareholder of natGAS.

natGAS is an independent, internationally active energy company based in Potsdam. The company specialises in tailor-made solutions and services for optimising energy costs and is active in the wholesale trade of gas and electricity.

Marquard & Bahls AG is a Hamburg-based company that operates in the fields of supply, trading, and logistics of energy & chemicals. Its core lines of business include tank storage logistics, trading, and aviation fuelling.

For more information visit www.marquard-bahls.com

19th August 2019