Burando Expands Bunkering with Atlantic Horizon Acquisition

by Admin
Burando Acquire Atlantic horizon

Burando Maritime Services, a prominent one-stop-ship maritime service provider, is delighted to announce its acquisition of Atlantic Horizon Group, a move that further solidifies its position in the market. Atlantic Horizon Group is actively engaged in international and domestic shipping, supplying bunkers, lubricants, and ship provisions to both sea and inland vessels.

Atlantic Horizon Group, which has been in operation since 1966, perfectly complements Burando’s operations and aligns seamlessly with its objectives. The combined enterprises will operate under the name Burando Atlantic Group, with potential business integration in the future, while the Atlantic Horizon divisions will continue to operate under their current name. By pooling their expertise and resources, this partnership enhances their capacity to serve their customers. Burando sees the acquisition of Atlantic, with its fleet of 10 inland vessels and 2 sea vessels, as a significant advancement. It enables Burando to significantly expand its existing fleet of inland vessels and further promotes growth in its maritime activities, initiated in 2022. This acquisition solidifies Burando’s stature as a prominent player in the maritime sector, with the combined revenue of the resulting entity expected to reach approximately EUR 2 billion.

Luc Braams and Andreas Drenthen, co-CEOs of Burando Maritime Services, expressed their thoughts: “With the acquisition of Atlantic Horizon Group, we take a significant step in realizing our growth strategy. By combining our efforts, we can elevate our service to new heights and better serve our customers. We are excited about the opportunities this acquisition brings, as we add a wonderful and respected company to our organization. We look forward to a successful integration of both organizations.”

Atlantic Horizon Group, headquartered in Rotterdam, is a leading company in the international shipping industry. They have built an excellent reputation across various areas, including international and inland shipping, bunkering, fuel trading, and ship supply. Since 1966, the group has expanded into a conglomerate of companies in Rotterdam. In 2002, all companies were united at one location in Madroelhaven, Pernis. Its harbor has modern facilities for loading and unloading lubricants and fuels for inland vessels and bulk deliveries.

Burando Maritime Services is a prominent full-service provider for the maritime and energy industry, headquartered in Rotterdam. In 2021, First Dutch, the family office of Peter Goedvolk, joined as an investor in Burando. With an impressive track record of over 50 years, Burando offers a comprehensive range of solutions to meet diverse customer needs. Their services encompass the supply of sustainable fuels, transportation of goods, and recycling waste streams into new raw materials.

Source Burando Maritime Services