DC Advisory acts as exclusive financial advisor to Naas Oil Co Limited on the sale of Naas Fuels Limited to Maxol

Background

  • Founded in Ireland, Naas Oil is a family owned home heating oil business and owner/operator of nine retail forecourt stations
  • As part of the transaction, Naas Oil Co Limited sold seven of its motor fuel service stations and convenience stores to Maxol
  • Founded in 1920, Maxol is an Irish oil company and part of McMullan Bros. Limited

Process

  • DC Advisory acted as exclusive financial advisor to the shareholders of Naas Oil on its sale of the company
  • DC Advisory worked with Naas Oil to engage a group of potential acquirers for the business, leveraging its knowledge of the business service space to identify a tailored group of appropriate buyers
  • DC Advisory ran a competitive process where a number of parties bid for the asset

Outcome

  • In August 2024, Naas Fuels Limited was sold to Maxol
  • This transaction showcases DC Advisory’s expertise in the Energy and Consumer sectors
Date
Sectors
  • Consumer, Leisure & Retail
Deal locations
Ireland
Deal team
CEO, DC Advisory Ireland
Director, DC Advisory Ireland

Disclaimer

For more information, please see our transaction disclaimer

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