Delphi has assisted Couche-Tard Luxembourg S.A.R.L. in the sale of all the shares in Statoil Fuel & Retail Lubricants Sweden AB to Fuchs Petrolub SE. The agreed purchase price for the shares is SEK 690 million. Assumed net debt is expected to be around SEK 220 million.
Statoil Fuel & Retail Lubricants Sweden AB is one of the leading lubricant providers in Scandinavia and also operates in Poland, Russia and the Baltic States. As a manufacturer of automotive and industrial lubricants and specialties, SFR Lubricants is a well-known provider to many industries. The company employs 470 people and maintains a production site in Nynäshamn near Stockholm.
The transaction is pending approval by antitrust authorities.
Delphi’s team was headed by Niklas Eskilsson and included Siri Mårtensson, Leif Ramberg, Anna Cronqvist and Anders Hulegårdh.
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