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New Deal


Announced

Completed

Vitol completed the acquisition of a majority stake in Liquind.

Financials

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

Tags

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Private

Integrated Oil and Gas

Single Bidder

Acquisition

Friendly

Germany

Cross Border

Majority

Completed

liquefied natural gas

Synopsis

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Vitol, an energy and commodities trader, completed the acquisition of a majority stake in Liquind, a supplier of gas for transport. Financial terms were not disclosed. “We expect gas to become an important low emissions fuel for the trucking industry in Europe, with the market moving from LNG to bioLNG over time. We are delighted to be investing in one of Europe’s leading gas-for-transport companies and working alongside management to extend Liquind’s footprint and offering," Russell Hardy, Vitol CEO.

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