Announced
Financials
Sources
Tags
Minority
Cross Border
Friendly
Acquisition
oil and gas
Brazil
Single Bidder
Integrated Oil and Gas
Private
Completed
Synopsis
Mercuria, a commodity trading company active in a wide spectrum of global energy markets, completed the acquisition of a minority stake in Seacrest Petróleo, an oil and gas company. Financial terms were not disclosed. "We are grateful for the continued support from HSF across both our traditional energy investments and our energy transition portfolio. The Cricare and Norte Capixaba transactions required legal oversight and structuring across several jurisdictions and against a demanding timetable. The HSF team has our thanks for their focus and flexibility of approach," David Haughie, Mercuria Managing Director.
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