M&A Deal Summary

Prio Acquires Frade Japão Petróleo

On October 29, 2018, Prio acquired oil/gas exploration company Frade Japão Petróleo

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

M&A Deal Summary

Date 2018-10-29
Target Frade Japão Petróleo
Sector Oil/Gas Exploration
Buyer(s) Prio
Deal Type Add-on Acquisition

Target

Frade Japão Petróleo

Rio de Janeiro, Brazil
Frade Japão Petróleo Ltda. is focused on exploring, producing, and processing of hydrocarbons in Brazil and internationally.

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Buyer(S) 1

Buyer

Prio

Rio de Janeiro, Brazil

Category Company
Founded 2009
Sector Oil/Gas Exploration
Revenue 14.4B BRL (2024)
DESCRIPTION

Prio is an entity which is focused on exploring and developing oil and natural gas properties in Brazil and internationally. Prio was founded in 2009 and is based in Rio de Janeiro, Brazil.


DEAL STATS #
Overall 1 of 2
Sector: Oil/Gas Exploration M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Brazil M&A 1 of 2
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 Chevron Brasil Upstream Frade

Brazil

Chevron Brasil Upstream Frade Ltda. is a producer of oil and gas exploration services. Chevron Brasil Upstream Frade is based in Brazil.

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