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New Deal


Announced

Completed

World Fuel Services completed the acquisition of Flyers Energy from Dwelle for $775m.

Financials

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Transaction Value£563m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

Acquisition

United States

fuel

Domestic

Friendly

Integrated Oil and Gas

Private

Completed

Synopsis

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World Fuel Services, an energy, commodities, and services company, completed the acquisition of Flyers Energy, a provider of commercial fuel cards and delivered fuel for $775m. "This is an important day for World Fuel as we closed the largest acquisition in our company’s history. We are excited to welcome the highly talented and successful Flyers team to World Fuel, creating an expanded national platform to deliver value-added solutions to commercial and industrial customers across the United States," Michael J. Kasbar, World Fuel Chairman and CEO.

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