Bunker trading company Glander International Bunkering has acquired Valhalla Marine Sarl, Geneva on the 1st of December, 2014.
The new Geneva operation is Glander International Bunkering’s first office in Europe.
The company said that the acquisition is aimed at reinforcing its commitment to global growth and expansion strategy.
The Glander International Bunkering group is undergoing a major development stage and in the last thirteen months the group’s growth saw expansion to 6 offices, which are; Dubai, Mumbai, Singapore, Florida, Brazil and Geneva and with employee numbers growing from 28 to 64 and counting.
“Acquiring Valhalla will benefit the firm’s clients as it will further reinforce the group’s marine fuel and lubricant trading operation across Europe,” Glander said.
The Geneva office will be promoted under the name Valhalla Marine Sarl, a Glander International Bunkering Company.
The Geneva operations will be managed by Gregory John Dann.
Commenting on the acquisition, Christoffer Berg Lassen, Managing Director and CEO of Glander International Bunkering, said: ‘ It is an immense sense of achievement and honor to be able to extend our coverage in Europe that complements our strong presence in the Middle East, Asia and the Americas. Our diverse sites are a testament of our commitment to expanding our geographical reach, which now extends to six locations worldwide.’