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Announced

Completed

Neste completed the acquisition of Bunge's Rotterdam refinery for $300m.

Financials

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Transaction Value£233m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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oil refinery

Majority

Cross Border

Single Bidder

Friendly

Oil Refining and Marketing

Netherlands

Private

Acquisition

Infrastructure

Completed

Synopsis

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Neste, an oil refining and marketing company, completed the acquisition of the Rotterdam-based refinery of Bunge, a company which is involved in sourcing, processing and supplying oilseed and grain products and ingredients for $300m. “This transaction supports our long-term strategy in value-added oils and oilseeds-based ingredients by enabling us to further enhance our footprint in an innovative and sustainable way,” Greg Heckman, Bunge’s Chief Executive Officer.

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