TORONTO, Oct. 17,
2022 /CNW/ - The TD Greystone Infrastructure
Fund1 (the "Fund") has acquired an interest in Verbrugge
International B.V. ("Verbrugge" or the "Company"), a leading Dutch
bulk and breakbulk terminal operator.
Verbrugge provides critical transport infrastructure to move
essential commodities such as wood pulp, bulk, paper, and
agricultural products across Continental Europe. Verbrugge operates
three terminals that are strategically located in the ports of
Vlissingen and Terneuzen, between the cities of Antwerp and Rotterdam.
The three terminals span over 500 acres and include 64
warehouses totaling over 7.5 million square feet of storage area.
Verbrugge offers a complete package of logistics services
- Port logistics, Stevedoring, Vessel handling, and Cargo
- Storage, Warehousing and (Offshore) Project Marshalling Yard
- Transport, Distribution, Chartering and Forwarding
- Lashing and Securing Cargo
- Port Agency
- Customs and Fiscal Services
"We are incredibly excited to make the Fund's first investment
in sea ports in the Netherlands,
and to invest in a company led by the Verbrugge family, who we view
as a strategically aligned long-term owner and operator, given
their long-term vision for the Company and more than 60 years of
operating history," said Jeff
Mouland, Managing Director and Head of Global Infrastructure
Investments, TD Asset Management Inc. "This investment highlights
our team's continued ability to expand and grow the Fund's
portfolio globally in essential infrastructure."
Founded in 1958 as a majority family-owned business based in
Zeeland, the Netherlands,
Verbrugge has grown into an international full-service logistics
provider versed in various industries to meet its customers'
logistics requirements. It continues to be majority family-owned
and driven by its family values, integrity and sustainable
"We look forward to having TD Greystone Infrastructure Fund as a
new shareholder of Verbrugge International, given their long-term
focus, and ability to continue to invest and grow alongside us as
we continue to act as a long-term partner and logistics provider
for our clients." said Martin
Verbrugge, CEO of Verbrugge International.
1 The TD
Greystone Infrastructure Fund is comprised of the TD Greystone
Infrastructure Fund (Global Master) L.P., the TD Greystone
Infrastructure Fund (Canada) L.P. and the TD Greystone
Infrastructure Fund (Canada) L.P. II.
Founded in 1958, the family business, based in Zeeland,
the Netherlands, has grown into an
international full-service logistics provider. A partner who is
versed in various industries and who is ready for your logistics
About TD Asset
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is
a North American investment management firm. TDAM offers investment
solutions to corporations, pension funds, endowments, foundations
and individual investors. Additionally, TDAM manages assets on
behalf of almost 2 million retail investors and offers a broadly
diversified suite of investment solutions including mutual funds,
professionally managed portfolios and corporate class funds. Asset
management businesses at TD manage $398 billion in
assets. Aggregate statistics are as of June 30, 2022 for
TDAM and Epoch Investment Partners, Inc. TDAM operates
in Canada and Epoch Investment Partners, Inc. operates
in the United States. Both
entities are affiliates and are wholly-owned subsidiaries of The
SOURCE TD Asset Management Inc.