Go to deals
Energy

Top Oil has been acquired by Irving Oil Limited

The Reihill family has sold Top Oil to Irving Oil Limited. Financial details have not been disclosed.

Top Oil is a leading supplier of home heating oil, commercial and agricultural fuel in Ireland, with over 200 forecourt locations.

Irving Oil, founded in 1924, is an international refining and marketing company with a history of long term partnerships and relationships. Named one of Canada’s Top 100 Employers for 2017, Irving Oil operates Canada’s largest refinery in Saint John, New Brunswick, which is located 65 miles north of the US border, and has reached production rates in excess of 320,000 barrels per day. With over 900 fueling locations, operations from 10 distribution terminals and a delivery fleet of tractor-trailers, Irving Oil serves wholesale, commercial, and retail customers in Atlantic Canada, Quebec and New England.

Oaklins' team in Ireland acted as lead advisor on the sale of Top Oil to Irving Oil Limited. The team negotiated all the key commercial terms of the transaction and coordinated the legal advisors during the process.

Service
M&A sell-side
Parties

Talk to the deal team

 Ted  Webb

Ted Webb

Managing Director

Dublin, Ireland
Oaklins IBI
 James  Doody

James Doody

Director

Dublin, Ireland
Oaklins IBI

Related deals

Jersey Oil & Gas has completed a private placement of new shares
Energy

Jersey Oil & Gas has completed a private placement of new shares

Jersey Oil & Gas Plc has raised funds to support a new development project.

Learn more
MB Zonnepanelen has been acquired by Tenten Solar
Private Equity | Energy

MB Zonnepanelen has been acquired by Tenten Solar

The shareholder of MB Zonnepanelen B.V. has successfully sold the company to Tenten Solar.

Learn more
AES Gener has completed a capital increase
Energy

AES Gener has completed a capital increase

AES Gener has raised funds to begin the implementation of its strategy to accelerate the transition of its energy matrix towards renewable energies.

Learn more