Announced
Completed
Financials
Tags
Oil Refining and Marketing
Friendly
Majority
Denmark
Completed
Private Equity
Acquisition
Private
oil refinery
Cross Border
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.