Announced
Completed
Financials
Sources
Tags
Completed
Private Equity
Acquisition
United Kingdom
oil & gas production
Oil Equipment and Services
Private
Synopsis
KKR, a leading global investment firm, invested in Trans European Oil & Gas. Trans European Oil & Gas intends to build a portfolio of conventional onshore oil and gas properties in proven hydrocarbon plays in Europe. Financial terms were not disclosed. Johannes Huth, Member and Head of KKR Europe, Middle East and Africa, said: “The energy sector is a key focus area across the different investment platforms of KKR EMEA and we are excited to enter into investment partnerships of this nature, where we can build on the experience and skills of an entrepreneurial management team.”
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