IFLR1000

Brookfield Business Partners acquisition of 85% of Greenergy Fuels Holdings

8/2/2017
Public acquisition
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Completed

8/2/2017

Overview:

  • Brookfield Business Partners, the listed vehicle of Brookfield Asset Management, has acquired an 85% stake in Greenergy Fuels Holdings.
  • Greenergy is a UK based waste to bio-diesel producer, providing fuel to more than 650 forecourts across the UK.
  • Greenergy's management will retain a 15% stake in the business.
  • The deal is expected to close in Q2 2017.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Industry sector:

Logistics

Firms:
Hogan Lovells

Party: Brookfield Asset Management (Acquirer)

Macfarlanes

Party: Greenergy (Target)

Lawyer: Stephen Drewitt

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