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Bunker Holding company acquires competitor from Glencore

Bunker Holding's bunker company KPI Bridge Oil acquires Glencore Oil's OceanConnect Marine. A CEO for the merged company has been found.

Søren Høll, the current CEO of KPI Bridge Oil, will continue as chief executive of the merged company KPI OceanConnect. | Photo: KPI Bridge Oil / PR

KPI Bridge Oil, part of the Bunker Holding group, acquires OceanConnect Marine, the companies inform in a press release.

The merger of the two companies into KPI OceanConnect will create one of the biggest bunker companies globally, the press release states. The combined company will hold 170 employees across 15 locations around the world.

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