Announced
Completed
Financials
Sources
Tags
Domestic
Acquisition
Disposal
Infrastructure
Germany
Majority
oil production
Single Bidder
Oil Equipment and Services
Private
Friendly
Completed
Synopsis
RDG, an energy company, completed the acquisition of the German oil producing operations of Wintershall Dea, a German gas and oil producer. Financial terms were not disclosed. "RDG represents the next generation of energy companies. As a young, growing high-tech company, we are following a new approach with regard to local extraction of raw materials. We specialise in optimising the extraction of existing fields and focusing on sustainable, environmentally friendly use," Felix Lerch, RDG Managing Director.
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