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New Deal


Announced

Mareterra completed the acquisition of a 24.5% stake in Nayara Energy from Trafigura.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Single Bidder

Integrated Oil and Gas

Minority

Private Equity

Private

Acquisition

Cross Border

downstream oil

India

Completed

Synopsis

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Mareterra, an energy investment group, completed the acquisition of a 24.5% stake in Nayara Energy, an Indo-Russian downstream oil company, from Trafigura, an independent physical trading and logistics business. Financial terms were not disclosed. "We believe that reducing energy costs is possible in all industries, especially in the context of the energy transition. Nayara Energy is already implementing a number of low-carbon projects, plans to become a major manufacturer of petrochemical products, and is actively developing its network of retail service stations. In this context, we will share our relevant experience with Nayara Energy to strengthen both the technological and environmental leadership of the company in the Indian market," Filippo Ghirelli, Mareterra Founder.

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