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New Deal


Announced

Greenergy to merge with BG Fuels.

Financials

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

Tags

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Diversified Retailers

Canada

Acquisition

Merger

Pending

Single Bidder

gas stations

convenience stores

Majority

Private

Friendly

Cross Border

Synopsis

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Greenergy, an international supplier of transportation fuels, agreed to merge with BG Fuels, a Canadian gasoline and convenience retailer. Financial terms were not disclosed. "Since entering the Canadian market in 2013, Greenergy has invested in strategic infrastructure in Ontario to deliver low-cost and resilient fuel supply to customers, and also introduced two new retail brands for the independent dealer market. The merger with BG Fuels will allow us to extend our supply footprint and retail offer across Canada, enabling significant future growth. The experience and resources of both businesses will further strengthen our retail offer to the independent dealer market," Christian Flach, Greenergy CEO.

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