Divestiture • Marine

World Kinect Acquires Yacht Fuel Services

On June 27, 2011, World Kinect acquired marine company Yacht Fuel Services from YCO Group

Acquisition Context
  • This is World Kinect’s 1st transaction in the Marine sector.
  • This is World Kinect’s 2nd transaction in the United Kingdom.

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M&A Deal Summary

Date June 27, 2011
Target Yacht Fuel Services
Sector Marine
Buyer(s) World Kinect
Sellers(s) YCO Group
Deal Type Divestiture

Target Company

Yacht Fuel Services

London, United Kingdom
Yacht Fuel Services Ltd. provides supplies marine fuels.
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Buyer Overview 1

Buyer

World Kinect

Miami, Florida, United States

Category Company
Founded 1984
Sector Energy Services and Equipment
Employees4,745
Revenue 42.2B USD (2024)
DESCRIPTION
Entrance to World Fuel Services' headquarters in Miami, Florida.
Entrance to World Fuel Services' headquarters in Miami, Florida.

World Kinect is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. World Kinect was founded in 1984 and is based in Miami, Florida.


Deal Context for Buyer #
Overall 8 of 17
Sector: Marine 1 of 1
Type: Divestiture 2 of 5
Country: United Kingdom 2 of 3
Year: 2011 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-04 Ascent Aviation Group

Parish, New York, United States

Ascent Aviation Group, Inc. is a distributor of aviation fuel and deicing fluids.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-06 CarterEnergy - Wholesale Motor Fuel Distribution Business

Overland Park, Kansas, United States

CarterEnergy Corp. - Wholesale Motor Fuel Distribution Business provides fuel distribution services.

Buy -

Seller Profile 1

SELLER

YCO Group

London, United Kingdom

Category Company
Sector Marine
DESCRIPTION

YCO Group Plc provides yacht fuelling and services company.


Deal Context for Seller #
Overall 1 of 1
Sector: Marine 1 of 1
Type: Divestiture 1 of 1
Country: United Kingdom 1 of 1
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-30 Yacht Help Group

Palma de Mallorca, Spain

Yacht Help Group provides yacht services includes engineering, crew placement and refit management.

Buy -

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