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New Deal


Announced

Completed

Shell to acquire a 40% stake in Bloomfleet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Italy

Software

Minority

Friendly

Private

process automation

Single Bidder

Completed

Cross Border

Synopsis

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Shell, an oil and gas company, agreed to acquire a 40% stake in Bloomfleet, a software company that provides engineering and process automation, fleet management, and digitalization services. Financial terms were not disclosed. “Bloomfleet's agility in responding to the rapid evolutions in the mobility sector and the great usability, completeness and intuitiveness of the technological platform make Bloomfleet the ideal partner to complete the mobility offer of Shell Fleet Solution in Italy, whose cards fuel and electric cards Bloomfleet is already an authorized reseller,” Claudio Covini, Shell Italia President.

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