Navitas Petroleum has issued bonds
Navitas Petroleum has completed a fundraising to refinance and develop the business.
Navitas Petroleum is a publicly traded, North America-focused oil and natural gas exploration and production partnership. It is traded on the Tel Aviv Stock Exchange and has offices in Houston, Texas, and Herzliya, Israel.
Oaklins’ team in Israel advised Navitas Petroleum and acted as a member of the distributors’ consortium.
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Mabanaft GmbH & Co. KG has acquired WESTFA Energy GmbH
Mabanaft GmbH & Co. KG, a leading independent energy company, has agreed to acquire 100% of the shares in WESTFA Energy GmbH from Adeleon Familienholding GmbH, subject to merger approval from the European antitrust authorities. The acquisition enables Mabanaft to strengthen its market position and to further expand its presence in Northwest Europe. Moreover, Mabanaft is thereby targeting to grow its end customer business, particularly in hard-to-electrify sectors.Learn more
Nordian Capital has raised debt to acquire Wetac
Nordian Capital, a Netherlands-based private equity firm, has joined the shareholder base of Wetac Battery Company (Wetac), a leading supplier of batteries, battery systems and accessories for various applications and end markets. The financing was provided by OLB and will support Wetac’s strong growth ambitions.Learn more
Nordian joins the shareholder base of Wetac to support further growth
Nordian, a Netherlands-based private equity firm, has joined the shareholder base of Wetac, a leading supplier of batteries and battery systems for various applications and end markets.Learn more