NINE58 Advisors acts as Prax Group’s Financial Advisor on the acquisition of OIL! Tankstellen GmbH.
Subject to approval by relevant authorities, Prax Group (United Kingdom) will acquire all shares in OIL! Tankstellen GmbH.
Oil! is the retailarm of Hamburg based Mabanaft GmbH and consists of approximately 340 petroleum stations in Germany, Switzerland, Austria and Denmark.
NINE58 Advisors (London) is TCF Partners’ preferred partner for cross border M&A transacties in the commodity sector, and our MD Rene Piket has been a member of NINE58’s dealteam for this transaction.