Rubis Terminal
Rubis Terminal (operating as Tepsa) is a European tank storage operator serving chemicals, agrifood, biofuels, and strategic-storage customers through multimodal terminal infrastructure in France, the Netherlands, Spain, and the ARA region.
- Company typePrivate
- Founded1877
- HeadquartersParis, France
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Rubis Terminal does
Rubis Terminal operates, through its legal entity Tepsa Infra SAS, a network of bulk-liquid and gas tank storage terminals across Europe, with primary assets in France, the Netherlands, and Spain, and expanded exposure to Antwerp (via a 50/50 joint venture with Mitsui) and Rotterdam (via the July 2025 acquisition of GES Rotterdam B.V.). The company's core technology is multimodal terminal infrastructure — tank farms with pipeline, marine, road, and rail connectivity — used to store hazardous liquids and gas products for industrial customers. Storage revenues are now oriented toward four verticals: chemicals, agrifood, biofuels, and strategic storage, replacing a more traditional petroleum-centric mix and aligning with the lower-carbon energy transition.
Tepsa has operated continuously since 1877, making it one of the longest-standing terminal operators in Europe. It employs 251-500 people and is led by CEO Bruno Hayem (since 2018, with the company since 1996) supported by a regional MD structure (Netherlands, France, Iberia) and group-level CXO functions covering CFO, Chief Safety & Operations, General Counsel, and Chief Asset Officer / CSR. Group CFO Damien Berthou was most recently CFO of an LBO-held portfolio company, signaling an institutional financial-management orientation. The company is a subsidiary of Rubis Terminal under parent Rubis SCA, listed on Euronext Paris.
The business model is recurring storage-fee based: customers (chemical-industry players, agrifood producers, biofuel traders, and strategic stockholding counterparties) pay ongoing fees for capacity, with services quoted bilaterally rather than published. The company emphasizes customer reliability and long-term contracts, with FY2025 EBITDA of €741M (+3% reported, +7% at constant EUR/USD), net debt/EBITDA improved to 0.9x, and 2026 EBITDA guidance of €740-790M. A €64.24M French Competition Authority fine for alleged Corsica-related anti-competitive practices (2016-2022) is under appeal. Expansion momentum includes the GES Rotterdam acquisition, the Mitsui Antwerp JV, and a January 2026 Expression of Interest win for the Dunkerque brownfield site (former SRD refinery).
Rubis Terminal firmographics
Firmographics- Name
- Rubis Terminal
- Legal name
- Tepsa Infra - Société par actions simplifiée
- Website
- https://rubis-terminal.com
- Company type
- Private
- Founded year
- 1877
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Rubis Terminal (operating as Tepsa) is a European tank storage operator serving chemicals, agrifood, biofuels, and strategic-storage customers through multimodal terminal infrastructure in France, the Netherlands, Spain, and the ARA region.
- Ownership category
- akta.pro rank
Rubis Terminal industry classification
Industry- Product category
- Tank Storage Services
- NAICS
- Petroleum Bulk Stations and Terminals (424710), Petroleum Bulk Stations and Terminals (42471)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Refined Products Pipeline Terminals & Breakout Storage Operations (TLAGABAJ)
Keywords
Where Rubis Terminal is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Rubis Terminal business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Others
Revenue model
- Terminal Storage Services: Tank storage services for hazardous liquids and gas products with multimodal solutions. Revenue derived from storage fees for chemicals, agrifood, biofuels and strategic storage.
Distribution channels1 record
Marketing channels2 records
Rubis Terminal product offering
Product offeringCore offering
Rubis Terminal (operating as TEPSA) is a European tank storage operator providing safe storage for hazardous liquids and gas products at large-scale terminal infrastructure across France, the Netherlands, Iberia, and the ARA region. The company offers multimodal storage solutions for chemicals, agrifood products, biofuels, and strategic reserves, serving industrial and commercial clients with diversified bulk liquid storage capabilities. Revenue is generated primarily through recurring storage fees on long-term tank capacity contracts.
Product overview
Rubis Terminal (operating as Tepsa) is a tank storage operator providing infrastructure for hazardous liquids and gas products across Europe. The company operates a platform-plus-services model with its core Tank Storage Services as the primary offering, supplemented by specialized storage for Chemicals, Agrifood, Biofuels, and Strategic products. The portfolio has shifted from traditional petroleum towards diversified sectors including chemicals, agrifood, biofuels, and strategic storage. A Netherlands Customer Portal provides online access for clients, and the company is investing in Sustainable Storage Solutions aligned with the energy transition. Recent expansions include the acquisition of GES Rotterdam B.V. in the ARA region and the win of a brownfield site at Grand Port Maritime de Dunkerque.
Differentiator
Problem solved
Functional benefit
Products and services
- Tank Storage Services
Companies that use Rubis Terminal
Customer profileSegments4 records
Ideal customer profiles4 records
Rubis Terminal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Rubis Terminal partnerships and signals
Strategic signalScale indicators7 records
Recent moves9 records
Expansion highlights6 records
Rubis Terminal competitors and assessment
Company assessmentDirect peers
- Royal Vopak: The world's largest independent tank storage operator, headquartered in Rotterdam with a global terminal footprint across chemicals, oils, gases, and biofuels. Direct competitor to Tepsa across ARA and Iberia, serving overlapping petrochemical, energy, and food customers with comparable subscription-style storage contracts.
- Stolthaven Terminals: Tank storage subsidiary of Stolt-Nielsen, operating a network of terminals globally for chemicals, clean petroleum products, and specialty liquids. Comparable to Tepsa in storage of hazardous liquids, multimodal solutions, and focus on chemical-industry customers.
- Zenith Energy Terminals: Global independent bulk liquid storage operator with terminals in Europe, the Americas, and Asia-Pacific handling crude, refined products, chemicals, and renewables. Comparable in product breadth, customer segments, and the strategic pivot toward low-carbon and transitional fuels.
- VTTI: Global independent tank storage company headquartered in the Netherlands with significant European storage assets, including energy-transition-adjacent capacity. Closely matches Tepsa's diversified storage model across chemicals, biofuels, and petroleum, with overlapping customer base in ARA.
- Koole Terminals: Dutch family-owned independent tank storage operator with deep ARA footprint focused on oils, chemicals, and renewables. Direct competitor in the Rotterdam port cluster with similar specialty in storage of hazardous liquids and an early energy-transition cargo pivot.
- Inter Terminals: UK and European-focused independent fuel and chemical storage operator. Overlaps with Tepsa in service station and fuel-marketing storage, refined product handling, and serves similar downstream customers in mature European markets.
- LBC Tank Terminals: Global independent tank terminal network focused on chemicals, oils, gases, and food-grade liquids, with a strong European presence. Closely comparable to Tepsa in chemical-industry focus, hazardous-liquids expertise, and growing investment in energy-transition storage.
- Oiltanking: Global tank storage operator now part of the MOL Group, operating terminals handling petroleum, chemicals, and gases worldwide. Comparable to Tepsa in ARA-region terminal infrastructure, multimodal storage capabilities, and customer mix of refiners, traders, and chemical producers.
Broad incumbents
- Stolt-Nielsen: Parent of Stolthaven Terminals and a broader specialty in deep-sea tank shipping, LNG, and sea-based LNG/CO2 infrastructure. The Stolthaven Terminals unit is a direct Tepsa peer; the wider group provides context on adjacent energy-transition logistics markets where Tepsa could expand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Rubis Terminal social profiles
Digital presenceRubis Terminal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rubis Terminal leadership team
Management profileNumber of profiles
Profiles8 records
Rubis Terminal subsidiaries and ownership
Company hierarchySubsidiaries5 records
Rubis Terminal funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rubis Terminal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rubis Terminal
What does Rubis Terminal do?
Rubis Terminal (operating as TEPSA) is a European tank storage operator providing safe storage for hazardous liquids and gas products at large-scale terminal infrastructure across France, the Netherlands, Iberia, and the ARA region. The company offers multimodal storage solutions for chemicals, agrifood products, biofuels, and strategic reserves, serving industrial and commercial clients with diversified bulk liquid storage capabilities. Revenue is generated primarily through recurring storage fees on long-term tank capacity contracts.
Is Rubis Terminal a public or private company?
Rubis Terminal is a private company. It is classified as corporate owned and is currently operating.
When was Rubis Terminal founded?
Rubis Terminal was founded in 1877. It employs 251 to 500 people.
Where is Rubis Terminal based?
Rubis Terminal is headquartered in Paris, France, in the Europe region.
How does Rubis Terminal make money?
One revenue line is on record: terminal Storage Services.
Who are Rubis Terminal's main competitors?
Direct peers on record are Royal Vopak, Stolthaven Terminals, Zenith Energy Terminals, VTTI, Koole Terminals, Inter Terminals, LBC Tank Terminals and Oiltanking. Stolt-Nielsen is listed as a broad incumbent.
Does Rubis Terminal have an API?
No public API is recorded for Rubis Terminal.
What industry is Rubis Terminal in?
Rubis Terminal's product category is Tank Storage Services. Its primary akta.pro industry code is TLAGABAJ, Refined Products Pipeline Terminals & Breakout Storage Operations. Its NAICS code is 424710 and its SIC code is 5171.