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New Deal


Announced

Completed

Aberdeen Standard Investments completed the acquisition of Oikos Storage from Challenger Life Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Storage Terminals

Completed

Acquisition

Single Bidder

United Kingdom

bulk liquid storage

Majority

Private

Friendly

Private Equity

Synopsis

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Asset manager Aberdeen Standard Investments completed the acquisition of Oikos Storage, an independent, modern, highly automated liquid bulk storage terminal, from Challenger Life Company. Financial terms were not disclosed. "We consider Oikos as a key strategic partner for its customers, offering emission efficient infrastructure for the import and onward distribution of its stored product through having unique access to pipeline connections and a newly developed deep-water jetty," Dominic Helmsley, Aberdeen Standard Investments Head of Economic Infrastructure.

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