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New Deal


Announced

I Squared Capital to acquire the remaining 55% stake in Rubis Terminal from Rubis Group for €375m.

Financials

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Transaction Value£320m
Consideration TypeCash
Capital Owned45%
Capital Bid For55%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Storage Terminals

bulk liquid storage

Acquisition

Cross Border

Majority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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I Squared Capital, an independent global infrastructure investment manager, agreed to acquire the remaining 55% stake in Rubis Terminal, a petroleum products storing company, from Rubis Group, a petroleum storage and distribution firm, for €375m. “With facilities at the heart of some of the most important trading hubs in Europe, Rubis Terminal plays a critical role in supporting the energy transition and ensuring security of supply. This transaction underscores I Squared’s confidence in Rubis Terminal’s transition strategy and our commitment to its continued growth,” Mohamed El Gazzar, I Squared Capital Senior Partner.

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