Altor moots OW Bunker listing plan

“An exit may well come in the foreseeable future,” Soren Johansen, Altor's head of Danish activities, told Reuters. “It's clear that this company, with its growth potential and its characteristics, could be very attractive to list.”

Altor did not give an indication on the price, but local media mentioned that it could be between DKK1-2bn ($182-364m), Reuters reported.

Altor has owned OW Bunker since it bought its parent Wrist Group in July 2007.

OW Bunker this week secured a $700m revolving credit facility to inject additional liquidity to continue growing its business, including launching additional physical distribution operations.