Avenir LNG Fully Acquired by Stolt-Nielsen Gas Ltd.
Deal News | Apr 16, 2025 | Globenewswire
Stolt-Nielsen Limited has successfully completed its compulsory acquisition of the remaining shares of Avenir LNG Limited, consolidating full ownership under its subsidiary, Stolt-Nielsen Gas Ltd. Following the acquisition, a request to delist Avenir LNG from Euronext N-OTC will be filed, with expectations for the delisting to occur imminently. The acquisition process was facilitated by DNB Markets, serving as a financial advisor, and Advokatfirmaet Thommessen AS, acting as a legal advisor. This acquisition is disclosed in line with Norwegian Securities Trading Act requirements. Stolt-Nielsen, listed on the Oslo Stock Exchange, invests in logistics, distribution, and aquaculture businesses, with a portfolio that includes Stolt Tankers, Stolthaven Terminals, Stolt Tank Containers, and Stolt Sea Farm.
Sectors
- Logistics
- Energy
- Corporate Finance
- Legal Services
Geography
- United Kingdom – Several key contacts for Stolt-Nielsen are based in the UK.
- Norway – Stolt-Nielsen Limited is listed on the Oslo Stock Exchange, and the acquisition complies with Norwegian Securities Trading Act requirements.
Industry
- Logistics – Stolt-Nielsen is involved in logistics through its subsidiaries Stolt Tankers, Stolthaven Terminals, and Stolt Tank Containers.
- Energy – Avenir LNG operates within the energy sector, specifically in the liquefied natural gas space.
- Corporate Finance – The acquisition involved financial advisory services from DNB Markets.
- Legal Services – The acquisition was supported by legal advisor Advokatfirmaet Thommessen AS.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Avenir LNG Limited | Target Company | Company | A venture operating in the liquefied natural gas industry. |
| Stolt-Nielsen Limited | Parent Company | Company | An investment company listed on the Oslo Stock Exchange, focusing on logistics, distribution, and aquaculture. |
| Stolt-Nielsen Gas Ltd. | Acquiring Company | Company | A subsidiary of Stolt-Nielsen Limited, responsible for acquiring Avenir LNG. |
| DNB Markets | Financial Advisor | Company | Provided financial advisory services for Stolt-Nielsen in the acquisition process. |
| Advokatfirmaet Thommessen AS | Legal Advisor | Company | Provided legal advisory services for Stolt-Nielsen in the acquisition process. |