M&A Deal Summary

Rubis Acquires The Antilles Group

On January 1, 2013, Rubis acquired distribution company The Antilles Group from Blue Equity

Acquisition Highlights
  • This is Rubis’ 1st transaction in the Distribution sector.
  • This is Rubis’ 1st transaction in Jamaica.

M&A Deal Summary

Date 2013-01-01
Target The Antilles Group
Sector Distribution
Buyer(s) Rubis
Sellers(s) Blue Equity
Deal Type Add-on Acquisition

Target

The Antilles Group

Kingston, Jamaica
The Antilles Group("TAG") f/k/a Cool Petroleum, the licensed user of Shell brands in Jamaica, is an integrated downstream petroleum products business operating in the market. TAG is the exclusive distributor of Shell bulk fuels and Shell Lubricants. The Company is the largest fuel retailer by volume in Jamaica and also operates an extensive network of more than 50 service stations in the country under the prestigious Shell brand. TAG also markets to companies that benefit from purchasing fuel, lubricants and raw chemical materials in bulk for commercial fleets and heavy machinery.

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Buyer(S) 1

Buyer

Rubis

Paris, France

Category Company
Founded 1990
Sector Utilities
Employees4,262
Revenue 6.6B EUR (2024)
DESCRIPTION

Rubis is an independent international operator specializing in the downstream petroleum and chemicals sector, and operates bulk liquid storage facilities (for petroleum products). Rubis was founded in 1990 and is based in Paris, France.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Jamaica M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-30 Tepsa

Paris, France

Tepsa is an independent company specialized in distributing petroleum products (fuel, LPG, etc.) and storing liquid products (petroleum products, chemicals, agro products, fertilizers). Tepsa was formed in 1877 and is based in Paris, France.

Sell -

Seller(S) 1

SELLER

Blue Equity

Louisville, Kentucky, United States

Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Blue Equity is a Southern-US based private equity firm focused on a variety of business transactions as well as real estate investments. The Firm will consider opportunities across all company stages, from startups to recapitalizations. Blue Equity typically looks for situations with experienced management, and depending on the situation, can be minimal or more active investor. Blue Equity was formed in 2004 and is based in Louisville, Kentucky and also has office in Miami, Florida.


DEAL STATS #
Overall 5 of 18
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 14
Country: Jamaica M&A 1 of 1
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Roll-o-Matic

Vissenbjerg, Denmark

Roll-o-Matic is a developer and manufacturer of roll-bag machines and winders with a proud tradition of building flexible, high quality converting equipment. Roll-o-Matic is based in Vissenbjerg, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 Angel’s Envy

Louisville, Kentucky, United States

Angel’s Envy is a craft bourbon production created by the world’s most renowned master distiller, Lincoln Henderson. Positioned as the world’s premier super-premium bourbon brand, it is distilled in the traditional homeland of bourbon, where the climate and soil produce the best base ingredients for bourbon. The aging process begins with a period of four to six years in American white oak barrels, followed by three to six additional months of aging in hand-selected port casks. As bourbon ages in the barrels, it’s drawn into the charred white oak during summer months and it recedes back into the virgin barrels during winter months. Angel’s Envy was founded in 2010 and is based in Louisville, Kentucky.

Buy -