M&A Deal Summary

Natural Chem Group Acquires Clinton Biodiesel

On March 1, 2017, Natural Chem Group acquired energy services and equipment company Clinton Biodiesel from Tenaska

Acquisition Highlights
  • This is Natural Chem Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Natural Chem Group’s 1st transaction in the United States.
  • This is Natural Chem Group’s 1st transaction in Iowa.

M&A Deal Summary

Date 2017-03-01
Target Clinton Biodiesel
Sector Energy Services and Equipment
Buyer(s) Natural Chem Group
Sellers(s) Tenaska
Deal Type Divestiture

Target

Clinton Biodiesel

Clinton, Iowa, United States
Clinton Biodiesel LLC is a bio-diesel refinery plant.

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Buyer(S) 1

Buyer

Natural Chem Group

Houston, Texas, United States

Category Company
Founded 1998
Sector Energy Services and Equipment
DESCRIPTION

Natural Chem Group LLC is a provider of fuels and chemicals that include biodiesel and diesel blends.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Iowa M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Tenaska

Omaha, Nebraska, United States

Category Company
Founded 1986
Sector Oil/Gas Exploration
DESCRIPTION
Entrance to Tenaska's corporate headquarters in Omaha, Nebraska.
Entrance to Tenaska's corporate headquarters in Omaha, Nebraska.

Tenaska is an independent power producer serving the US market. Tenaska markets natural gas, electric power and biofuels and is also involved in private equity investment management. Tenaska was formed in 1986 and is based in Omaha, Nebraska.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Iowa M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-12 Tenaska Pennsylvania Partners

Pennsylvania, United States

Tenaska Pennsylvania Partners LLC is an own and operater of Tenaska Westmoreland Generating Station.

Sell -