Macquarie and Goldman Sachs are buying Dutch port terminals group HES International from owners Riverstone and The Carlyle Group.
HES said terms were not disclosed, but previous reports have put the price at EUR 2bn ($2.45bn).
The company is one of the largest tank storage businesses in Europe, with 18 dry and liquid bulk terminals.
It handles crude oil, refined products and bio-fuels, and dry bulk, primarily iron ore and coking coal, minerals and agri-bulk and thermal coal.