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New Deal


Announced

Completed

Postlane-backed Crossbridge Energy completed the acquisition of A/S Dansk Shell from Shell.

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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Oil Refining and Marketing

Friendly

Majority

Denmark

Completed

Private Equity

Acquisition

Private

oil refinery

Cross Border

Synopsis

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Postlane-backed Crossbridge Energy, a global energy transition-focused platform, completed the acquisition of A/S Dansk Shell, an oil refinery, from Shell. A/S Dansk Shell renamed to Crossbridge Energy Federicia A/S. "Our goal is to transition into having a carbon-neutral impact on the environment while continuing to provide reliable energy to customers and markets we serve. We are excited to be leading the solutions for tomorrow's energy needs and believe the Fredericia refinery is well-positioned to be a part of the energy transformation with its experienced employees, proven capabilities of producing sustainable renewable fuels, combined with its world-class logistics, infrastructure, and strategic partnerships," Nicholas Myerson, Crossbridge CEO.

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