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Corporate Update

New Ownership, New Horizon: STS Launches Strategy for Growth and Energy Transition

Scandinavian Tank Storage enters a new era with strengthened ownership and a clear strategy focused on safety, energy transition, and strategic growth across the Nordics.

New Ownership, New Horizon: STS Launches Strategy for Growth and Energy Transition

We are pleased to announce a change of ownership in Scandinavian Tank Storage Group (STS). A Swedish investor consortium with strong experience from European and Nordic energy, infrastructure and capital markets has acquired the company.

STS stands as the leading storage platforms in the Nordics, and under the new ownership the ambition is clear: accelerate development, strengthen our strategic role in the energy system, and support the region’s energy transition.

With a responsible and forward-looking environmental approach, we will continue providing safe, reliable storage for liquid energy products and green fuels across the Nordic region. We look forward to deepening collaboration with partners, clients and stakeholders, and to shaping the next chapter in our cooperation together.