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New Deal


Announced

Epic Gas to acquire Lauritzen Kosan from J. Lauritzen for £162m.

Financials

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Transaction Value£162m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Denmark

Pending

Cross Border

Friendly

oil and gas transport

Oil Equipment and Services

Acquisition

Majority

Single Bidder

Private

Synopsis

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Epic Gas, an LPG shipping company, agreed to acquire Lauritzen Kosan, a gas carrier division of J. Lauritzen, a shipping company, for £162m. “This transaction combines two well reputed operators into a strong new entity in the sector. We welcome our colleagues from Lauritzen Kosan and look forward to working together to build a great company delivering cleaner energy and feedstock to communities around the world,” Andreas Sohmen-Pao, Epic Gas Chairman.

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