M&A Deal Summary

DCC Acquires Esso Norge AS - Retail Petrol Station Network

On February 7, 2017, DCC acquired oil/gas exploration company Esso Norge AS - Retail Petrol Station Network from Esso Norge AS for 2.4B NOK

Acquisition Highlights
  • This is DCC’s 1st transaction in the Oil/Gas Exploration sector.
  • This is DCC’s 0th largest (disclosed) transaction.
  • This is DCC’s 1st transaction in Norway.

M&A Deal Summary
Date 2017-02-07
Target Esso Norge AS - Retail Petrol Station Network
Sector Oil/Gas Exploration
Buyer(s) DCC
Sellers(s) Esso Norge AS
Deal Type Divestiture
Deal Value 2.4B NOK

Target

Esso Norge AS - Retail Petrol Station Network

Sandnes, Norway
Esso Norge AS - Retail Petrol Station Network comprises a national network of 142 company-operated sites (127 retail service stations and 15 unmanned stations) and has contracts to supply 108 Esso-branded dealer owned stations (together referred to as "Esso Retail Norway").

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Buyer(S) 1

Buyer

DCC

Dublin, Ireland

website

Category Company
Founded 1976
Sector Distribution
Employees13,689
Revenue 17.7B GBP (2022)
DESCRIPTION

DCC is a broadly based group, operating across five focused divisions: Energy, Technology, Healthcare, Environmental and Food & Beverage. DCC was founded in 1976 and is based in Dublin, Ireland.

DEAL STATS #
Overall 10 of 14
Sector (Oil/Gas Exploration) 1 of 2
Type (Divestiture) 2 of 3
Country (Norway) 1 of 1
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-14 Gaz de Paris SAS

Paris, France

Gaz de Paris SAS (Gaz Européen) is an independent alternative gas distributor supplying the collective residential B2B market.

Buy €110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-05 Enva

Ireland

Enva is an environmental services platform providing mission-critical, highly specialized, and regulated waste management services in the UK and Ireland. The company conducts waste collection, processing, and resource recovery at 34 facilities across the UK and Ireland, serving more than 20,000 industrial, energy, automotive, and other customers. It focuses on waste streams with complex technical and regulatory characteristics, requiring specialized expertise and licenses. Enva was formed in 1972 and is based in Ireland.

Sell £219M

Seller(S) 1

SELLER

Esso Norge AS

Sandnes, Norway

website

Category Company
Founded 1892
Sector Oil/Gas Exploration
DESCRIPTION

Esso Norge AS is a provider of oil and gas exploration services in Norway.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
Country (Norway) 1 of 1
Year (2017) 1 of 1
Mergr

Product

Company

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