M&A Deal Summary

BP España S.A.U. Acquires Petrocorner Retail S.L.

On January 15, 2019, BP España S.A.U. acquired retailer Petrocorner Retail S.L. from JZ Capital Partners

Acquisition Highlights
  • This is BP España S.A.U.’s 1st transaction in the Retail sector.
  • This is BP España S.A.U.’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-01-15
Target Petrocorner Retail S.L.
Sector Retail
Buyer(s) BP España S.A.U.
Sellers(s) JZ Capital Partners
Deal Type Add-on Acquisition

Target

Petrocorner Retail S.L.

Tres Cantos, Spain
Petrocorner Retail S.L. is a strategic build-up in the Spanish retail petrol station market, comprised of 65 petrol stations located across Spain with an annualized sales volume of approximately 250 million liters of petrol.

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Buyer(S) 1

Buyer

BP España S.A.U.

Alcobendas, Spain

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

BP España, S.A.U. is an oil and gas company provides services in Spain.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

DESCRIPTION

JZ?Capital Partners (JZCP) is a Guernsey-domiciled closed-ended investment company that provides investors with access to a diversified portfolio of US and European micro?cap companies and US real estate assets. The Firm seeks to generate consistent returns through strategic value creation in micro?cap businesses and real estate holdings. JZ Capital Partners is based in Guernsey, Channel Islands.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 K2 Towers

Chagrin Falls, Ohio, United States

K2 Towers is an operator and owner of wireless communication towers. K2 Towers was founded in 2009 and is based in Chagrin Falls, Ohio.

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