M&A Deal Summary

GPS Acquires Hydrocarbon Hotel BV

On December 1, 2016, GPS acquired energy services and equipment company Hydrocarbon Hotel BV from Varo Energy

Acquisition Highlights
  • This is GPS’s 1st transaction in the Energy Services and Equipment sector.
  • This is GPS’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-12-01
Target Hydrocarbon Hotel BV
Sector Energy Services and Equipment
Buyer(s) GPS
Sellers(s) Varo Energy
Deal Type Divestiture

Target

Hydrocarbon Hotel BV

Rotterdam, Netherlands
Hydrocarbon Hotel BV is a modern hydrocarbon product blending and storage terminal in the port of Amsterdam.

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Buyer(S) 1

Buyer

GPS

Singapore, Singapore

Category Company
Sector Energy Services and Equipment
DESCRIPTION

GPS is a midstream infrastructure platform formed to pursue the acquisition, construction and enhancement of storage and logistics assets outside North America. GPS owns a refined product terminal in the Port of Amsterdam and has two projects under construction – an industrial services terminal in Al Hamriyah Port in Sharjah, United Arab Emirates and an LPG terminal in Port Klang, Malaysia. GPS is based in Singapore.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Varo Energy

Zug, Switzerland

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Varo Energy is a midstream energy company. Its business comprises refining, pipeline, storage and wholesale distribution, serving clients across North West Europe. Varo Energy is based in Zug, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-14 Inter Oil B.V.

Zutphen, Netherlands

Inter Oil B.V. is an independent oil company and operator/supplier of fuel stations in the Dutch provinces of Friesland, Groningen, Drenthe, Overijssel, Gelderland, Noord Brabant, Utrecht and Noord-Holland. Inter Oil operates the fuel stations under the brand names Brand Oil (manned service stations) and Amigo (unmanned service stations).

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-22 NWB Nord- und Westdeutsche Bunker

Hamburg, Germany

NWB Nord- und Westdeutsche Bunker GmbH is an inland and coastal supplier of marine gasoil, diesel and lubricants. NWB Nord- und Westdeutsche Bunker GmbH was established in 1967 and is based in Hamburg, Germany.

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