Linklaters has advised the Prax Group on the acquisition of Lindsey Oil Refinery and associated logistic assets, including the Finaline Pipeline, Killingholme Loading Terminal and interests in various joint venture operations, from Total.
The acquisition will integrate the refinery and associated product flows into Prax’s UK distribution and retail footprint, which operates under the Harvest Energy brand. The deal will bring new investment to the refinery and will also support the local economy and the wider community.
The transaction was led by London partners Chris Staples (Corporate), Owen Clay (Corporate) and Jeremy Gewirtz (Energy & Infrastructure), with Associate Thomas Bishop (Corporate).
Subject to satisfaction of certain conditions customary for a transaction of this nature, the transaction is expected to complete by the end of 2020
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
