M&A Deal Summary

Zenith Energy Acquires The Amsterdam terminal

On February 2, 2016, Zenith Energy acquired oil/gas exploration company The Amsterdam terminal from BP

Acquisition Highlights
  • This is Zenith Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Zenith Energy’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-02-02
Target The Amsterdam terminal
Sector Oil/Gas Exploration
Buyer(s) Zenith Energy
Sellers(s) BP
Deal Type Divestiture

Target

The Amsterdam terminal

Netherlands
The Amsterdam terminal is strategically located on the North Sea Canal in the Amsterdam, Rotterdam and Antwerp (“ARA”) region. The ARA region represents the largest concentration of refining capacity in Europe and one of the largest refined product trading hubs in the world.The Amsterdam terminal has storage capacity of more than six million barrels for gasoline, ethanol, middle distillates, biodiesel, kerosene and liquefied petroleum gas with capabilities for sophisticated blending. The terminal has connectivity for ocean vessels, inland waterways and trucks, and deep draft to service oceangoing tankers up to 135,000 tons with multiple berths for barges and ships. The Amsterdam terminal also has significant room for expansion projects.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Zenith Energy

Houston, Texas, United States

Category Company
Founded 2014
Sector Oil/Gas Exploration
DESCRIPTION

Zenith Energy is a midstream company that owns and operates over 32 million barrels of renewable fuels, crude oil, petroleum products, chemicals, and vegetable oil storage across North American, Europe, and Latin America through its subsidiaries Zenith International and Zenith U.S. Zenith Energy was founded in 2014 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 3
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-29 Arc Logistics Partners

New York, New York, United States

Arc Logistics Partners LP is an owns and operater of terminalling, storage, transloading and pipeline assets as an independent logistics provider. Arc Logistics Partners is based in New York, New York.

Buy -

Seller(S) 1

SELLER

BP

London, United Kingdom

Category Company
Founded 1908
Sector Oil/Gas Exploration
Employees87,800
Revenue 189.2B USD (2024)
DESCRIPTION
BP fuel station in Duluth, Minnesota.
BP fuel station in Duluth, Minnesota.

BP is an integrated oil and gas company with operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa. BP provides customers with fuel for transportation, energy for heat and light, lubricants, and petrochemicals products used to make items as diverse as paints, clothes and packaging. BP was founded in 1908 and is based in London, England.


DEAL STATS #
Overall 9 of 16
Sector: Oil/Gas Exploration M&A 5 of 8
Type: Divestiture M&A Deals 8 of 9
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-28 BP - Aviation Turbine Oil Business

Linden, New Jersey, United States

BP's Aviation Turbine Oil Business includes a production facility in Linden, NJ, specialized laboratory equipment located in Naperville, IL, and a long-term supply agreement for products related to the acquired business that BP will use to serve industrial markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-28 Cleopatra Gas Gathering Company

United States

Cleopatra Gas Gathering Company LLC is a 115-mile gas gathering pipeline in Southern Green Canyon, with access to Atwater Valley, Walker Ridge, and Lund areas in the Gulf of Mexico. Cleopatra is currently connected to the Holstein, Atlantis, Neptune, Shenzi and Mad Dog platforms. The system will transport new volumes from the Mad Dog 2 field once it comes online.

Sell -