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Argos North Sea Group/Varo Energy merger

31/8/2015
Merger
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€ 1.5 billion

$ 158 million

Announced

31/8/2015

Overview:

  • Argos North Sea Group and Varo Energy, a  joint venture between The Carlyle Group and Vitol, have merged to form an independent oil company in North West Europe.
  • The new company is expected to produce 16 million cubic meters a year. 
  • The shareholders of Argos, Carlyle International Energy Partners and Vitol will hold equal stakes in the company.

Rani Mehta - Journalist  

Jurisdictions:

France
Germany
Netherlands
Switzerland

Deal type:

Merger

Practice area:

M&A

Industry sector:

Energy

Firms:
De Brauw Blackstone Westbroek

Party: Varo Energy (Merger party)

Eubelius

Party: Varo Energy (Merger party)

Hengeler Mueller

Party: Varo Energy (Merger party)

Lawyer: Georg Frowein

Houthoff

Party: Argos North Sea Group (Merger party)

Noerr

Party: Argos North Sea Group (Merger party)

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