Aegean Marine Petroleum Network $367 million acquisition of HEC Europe

20/2/2018
Private acquisition

$ 367 million

Announced

20/2/2018


Overview:

  • Aegean Marine Petroleum Network $367 million acquisition of HEC Europe.
  • The price includes existing debt and will be paid via a combination of receivables, cash and shares of common stock.
  • The independent committee has anonymously approved the acquisition.
  • Jefferies and Clarksons Platou Securities have acted as financial advisers to Aegan and Special Independent Committee respectively.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Oil and gas


Firms:

Party: Special Independent Committee (Coordinating committee)


Party: Aegean Marine Petroleum Network (Acquirer)


Party: HEC (Seller)

Lawyer: Shawn Atkinson


Party: Aegean Marine Petroleum Network (Acquirer)