German chemical logistics operator Talke has sold its sites and activities in Antwerp, Belgium, and Moerdijk, the Netherlands, to Katoen Natie. Financial details of the transaction were not disclosed.

Talke said the sale is part of a program to divest subsidiaries that no longer fit into its strategy as it optimizes its portfolio of locations. At the same time, it said it wanted to focus more intensively on its business in other parts of Europe, the Middle East, Asia and the US.

Privately held Katoen Natie is headquartered in Antwerp, Belgium, and operates 150 terminals or logistics platforms around the world.