Announced

Completed

Brookfield acquired Greenergy.

Synopsis

Private equity firm Brookfield Asset Management acquired Greenergy, a British distributor of petrol and diesel for motor vehicles. Significant minority stake was sold by Tesco Pension Trustees. Financial terms were not disclosed. “It has been our long-standing aim to increase our access to capital through a strategic investor. The participation of Brookfield Business Partners will allow us to participate in larger-scale strategic mergers and acquisition activities to propel our business to its next phase of development.”Andrew Owens, Greenergy Chief Executive.

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