Scandinavian Tank Storage
Gothenburg, 6 February 2026
A New Chapter for Scandinavian Tank Storage
Scandinavian Tank Storage (“STS”) enters a new phase following the completion of its parent company, K-Svets Storage AB (renamed STS Holding AB) ownership change on 11th of December 2025. After decades of development under the Kristensson family, who built a resilient and well‑performing company through K‑Svets Storage AB , the parent company is now owned by a Swedish investment company. The transaction was initiated and led by Knut Pousette and Jimmy Lindgren, alongside a select group of investors through Aktiebolaget Nordiska Sjöterminals Kompaniet (“ANSK”). This new ownership establishes a long‑term and experienced foundation for STS’s continued role in the Nordic energy system. STS will continue to operate independently under its existing brand, organisation and operational principles.
A Nordic Network Built for Reliability
For more than three decades, STS has maintained an excellent safety record and a strong reputation for reliability, operational discipline and high‑quality service. With ten terminals across Sweden, Finland, Denmark and Iceland and a combined storage capacity of approximately 4.1 million metric tonnes, STS is the Nordic region’s leading privately owned storage operator. Its strategically located terminals, including Norrköping, Gävle, Karlshamn, Malmö and Gothenburg, as well as Pori, Kristinestad, Aalborg, Keflavík/Helguvik and Hvalfjordur, form a critical logistics backbone connecting maritime flows with rail, pipeline and road.
Operations Shaped by Safety & Long‑Term Partnerships
STS with its partners serves a broad base of blue‑chip customers including international energy companies, trading houses, government organisations and industrial clients. The company’s long‑standing market position reflects a culture built on transparency, responsiveness and a commitment to safe and dependable operations.
Preparing for the Future of Energy Logistics
The Nordic energy market is evolving rapidly, and STS continues to strengthen its ability to handle a broader mix of fuels including bio‑based and low‑carbon products. At the Malmö terminal, STS already manages significant bio‑component flows, supported by a newly established rail unloading capability. The company will continue to develop its infrastructure and operational systems to meet the changing needs of its customers and ensure safe, efficient handling of both conventional and renewable product for and with the clients.
Sverker Lidén Appointed Chief Executive Officer
To lead STS into its next phase, the Board has appointed Sverker Lidén as CEO, effective 1 February 2026. Sverker joins from St1, where he served as Group Head of Logistics responsible for 27 terminals across Northern Europe. He holds an MSc in Chemical Engineering from Chalmers University of Technology and brings extensive technical and commercial experience from across the energy sector. He previously spent fifteen years in senior roles at STS and has also founded and operated energy businesses in Iceland, now integrated into STS’s operations. Earlier in his career, he worked for more than fifteen years as a trader at Preem.
Leadership Reflections
Knut Pousette, Chairman of STS, said:
– “STS is a critical infrastructure partner for the Nordic energy system. With strong new ownership, deep sector expertise and a clear long‑term perspective, we will continue investing in safety, reliability and customer service while preparing our terminals for today’s and tomorrow’s fuels. We are delighted to welcome Sverker, his industrial knowledge, commercial acumen and long history with STS will be invaluable for the company’s development.”
Incoming CEO, Sverker Lidén, said:
– “STS has built its position as Scandinavia’s leading storage provider by delivering first‑class service and maintaining the highest safety standards. I look forward to working with STS employees, our customers, partners and owners to strengthen our capabilities and ensure that STS remains a dependable partner throughout the evolving energy landscape.”
Management Team
- Sverker Lidén – Chief Executive Officer
- Urban Assarsson – HSSE & Terminal Technical Manager
- Christoffer Lillhage – Business Development & Energy Transition Director
- Reynir Gudlaugsson – Chief Operating Officer
- Jimmy Lindgren – Chief Investment & Strategy Officer
About Scandinavian Tank Storage
Founded in 1993, STS is the Nordic region’s leading privately owned, independent storage operator for petroleum products, biofuels and chemicals. With ten terminals across four countries, STS provides critical storage and logistics infrastructure for energy and industrial clients.
About ANSK
Aktiebolaget Nordiska Sjöterminals Kompaniet (ANSK) is a long‑term Nordic investor and operator of essential port and energy infrastructure. Through STS, ANSK invests in upgrading existing assets, developing new capacity where needed, and reinforcing the infrastructure backbone that supports energy security, industry and society in the Nordic region to secure and uphold the region’s storage and logistics chain, ensuring the highest level storage, handling and delivery of energy products together with our customers and partners.
For further information:
Knut Pousette, Chairman – knut@scandinaviantankstorage.com
Sverker Lidén, Chief Executive Officer – sverker@scandinaviantankstorage.com