Vinson & Elkins advised the Vitol Group on the sale of a 50% stake in the VTTI Group, one of the largest independent global energy terminal businesses, to Buckeye Partners, L.P. for US$1.15 billion
Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally. Buckeye is a publicly traded master limited partnership and owns and operates a diversified network of integrated assets providing midstream logistic solutions.
The V&E team was led by Shaun Lascelles (Picture) and Simon Rootsey in London and included Thomas Crichton and Judy Blissard in Houston and Nicholas Connell in London.
Involved fees earner: Shaun Lascelles – Vinson & Elkins LLP; Simon Rootsey – Vinson & Elkins LLP; Nicholas Connell – Vinson & Elkins LLP; Thomas Crichton – Vinson & Elkins LLP; Judith Blissard – Vinson & Elkins LLP;
Law Firms: Vinson & Elkins LLP;
Clients: Vitol Group;