M&A Deal Summary

Geofinance N.V. Acquires Candax Energy

On September 17, 2015, Geofinance N.V. acquired energy services and equipment company Candax Energy

Acquisition Highlights
  • This is Geofinance N.V.’s 1st transaction in the Energy Services and Equipment sector.
  • This is Geofinance N.V.’s 1st transaction in Canada.
  • This is Geofinance N.V.’s 1st transaction in Ontario.

M&A Deal Summary
Date 2015-09-17
Target Candax Energy
Sector Energy Services and Equipment
Buyer(s) Geofinance N.V.
Deal Type Add-on Acquisition

Target

Candax Energy

Toronto, Ontario, Canada
Candax Energy, Inc. is an international energy company with offices in Toronto and Tunis. The Candax group is engaged in exploration and the production of oil and gas in Tunisia and holds a royalty interest in an exploration permit in Madagascar.

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Buyer(S) 1

Buyer

Geofinance N.V.

Amsterdam, Netherlands
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Geofinance is a European holding company, incorporated in the Netherlands as a public limited liability company, with a diversified portfolio of investments including interests in oil and gas companies.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
Mergr

Product

Company

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