Crodux LPG has been acquired by Petrol Group
The private shareholders of Crodux LPG have sold the company to Petrol Group.
Crodux LPG is part of the leading Croatian energy group Crodux. The company distributes around 25,000 tons of LPG annually, with a product mix consisting of auto gas, cylinders and bulk LPG. With a full in-house logistic system and its own transportation fleet, Crodux LPG’s operations are organized around four modern terminals across Croatia with total capacity of 7,000 m³ and a distribution center.
Petrol Group is a Slovenian oil distribution company, controlling 520 petrol stations. It is one of the largest in Slovenia and the former Yugoslavia. The company's main business activity is trading in oil derivatives, gas and other energy products, which generates more than 80 percent of its revenue, with a leading market share in the Slovenian market. Petrol also trades with consumer goods and services, which generates just under 20 percent of its revenue.
Oaklins' team in Croatia advised the seller in this transaction.
Talk to the deal team
Navitas Petroleum has issued bonds worth US$117 million
Navitas Petroleum has completed a fundraising to refinance and develop the company.Learn more
Iofina secures new debt refinancing
Iofina Plc has refinanced its entire debt by entering into a new loan agreement with First Financial Bank, (NASDAQ: FFBC), a Cincinnati-headquartered US regional bank.Learn more
AES Gener has sold a preferred stock minority stake in Empresa Eléctrica Cochrane to Toesca Infraestructura II
AES Gener S.A. has sold a preferred stock minority stake in Empresa Eléctrica Cochrane SpA to Toesca Infraestructura II Fondo de Inversión for US$ 113.5 million.Learn more