M&A Deal Summary

CEPSA Acquires IS-XXI

On September 25, 2020, CEPSA acquired oil/gas exploration company IS-XXI

Acquisition Highlights
  • This is CEPSA’s 1st transaction in the Oil/Gas Exploration sector.
  • This is CEPSA’s 1st transaction in Spain.

M&A Deal Summary

Date 2020-09-25
Target IS-XXI
Sector Oil/Gas Exploration
Buyer(s) CEPSA
Deal Type Add-on Acquisition

Target

IS-XXI

Bilbao, Spain
Intrasport Service XXI S.L. is a company focuses on the management of fuels which, by providing iS-XXI card, offers lower fuel prices for hauliers. Intrasport Service XXI is based in Bilbao, Spain.

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Buyer(S) 1

Buyer

CEPSA

Madrid, Spain

Category Company
Founded 1929
Sector Oil/Gas Exploration
DESCRIPTION

CEPSA is a multinational oil and gas company. CEPSA is engaged in petroleum and natural gas exploration and production, with interest in several blocks across four countries: Spain, Algeria, Colombia, and Peru. CEPSA was founded in 1929 and is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 CEPSA Panama SA

Panama City, Panama

CEPSA Panama SA is a provider of physical bunkering solutions. CEPSA Panama is based in Panama City.

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