Brooge: GulfNav Acquires Brooge Entities in $871 Million Deal

Deal News | May 30, 2025 | Zawya

Brooge: GulfNav Acquires Brooge Entities in $871 Million Deal

Gulf Navigation Holding PJSC (GulfNav), a company based in Dubai, has signed a substantial acquisition deal valued at $871 million. The transaction involves the purchase of assets and subsidiaries from Brooge Energy Limited. This acquisition includes Brooge Petroleum and Gas Investment Company FZE, as well as Brooge Petroleum and Gas Investment Company Phase III FZE. The strategic acquisition aligns with GulfNav’s expansion ambitions and highlights its focus on enhancing its position in the petroleum and gas sectors. The move is reflective of the ongoing trend in the Middle East where regional companies seek to consolidate their market shares and achieve growth through strategic acquisitions.

Sectors

  • Petroleum and Gas
  • Mergers and Acquisitions

Geography

  • United Arab Emirates – Both Gulf Navigation and Brooge Energy are involved in operations within the UAE, with the acquisition deal taking place between companies based in this region.

Industry

  • Petroleum and Gas – The acquisition deal involves companies operating in the petroleum and gas sectors, indicative of a focus on energy resources.
  • Mergers and Acquisitions – The article discusses an acquisition deal, a key component of M&A activities, highlighting industry consolidation.

Financials

  • 871 million USD – The total valuation of the acquisition deal between GulfNav and Brooge Energy.

Participants

NameRoleTypeDescription
Gulf Navigation Holding PJSCBidding CompanyCompanyA Dubai-based company involved in the maritime and logistics sectors, now expanding into petroleum and gas through the acquisition of Brooge Energy assets.
Brooge Energy LimitedTarget CompanyCompanyA company involved in the petroleum storage and service sector, providing strategic assets for acquisition by GulfNav.
Brooge Petroleum and Gas Investment Company FZESubsidiaryCompanyA subsidiary of Brooge Energy involved in petroleum and gas investments, part of the assets acquired by GulfNav.
Brooge Petroleum and Gas Investment Company Phase III FZESubsidiaryCompanyAnother subsidiary of Brooge Energy, focusing on an advanced phase of petroleum and gas investments, included in the acquisition.