Greenergy’s Merger with BG Fuels

Paul Hastings LLP advised Brookfield Business Partners on the merger of two of its portfolio companies, UK-headquartered Greenergy, an international supplier of transportation fuels, and BG Fuels, a leading Canadian gasoline and convenience retailer. Macfarlanes advised Greenergy.

Greenergy, an international supplier of transportation fuels, and BG Fuels, a leading Canadian gasoline and convenience retailer today announce their merger.

By combining Greenergy’s supply chain expertise and growing independent dealer offer, and BG Fuels’ national retail brand management and site operation capabilities, the merger will create economies of scale and provide the industry with greater choice and flexibility for fuel supply and retail branding.

BG Fuels will be integrated into Greenergy over the course of the year. The combined business will be led by Greenergy CEO, Christian Flach, with Joe Calderone, BG Fuels CEO, joining the board.

The Paul Hastings team was led by infrastructure and energy M&A partner Steven Bryan (Picture), with associates Tamsin Doran and Lucy Malkin; finance partner Luke McDougall and associate Amin Doulai; and tax associates Jiten Tank and Hannah Gray.

The Macfarlanes team for this matter was led by corporate and M&A partner Stephen Drewitt with assistance from corporate and M&A solicitor Kathryn Jarvis. Tax advice came from partner Peter Abbott and solicitor Florence Barnes with partner Richard Fletcher providing finance expertise.

Involved fees earner: Peter Abbott – Macfarlanes LLP; Florence Barnes – Macfarlanes LLP; Stephen Drewitt – Macfarlanes LLP; Richard Fletcher – Macfarlanes LLP; Kathryn Jarvis – Macfarlanes LLP; Steven Bryan – Paul Hastings; Tamsin Doran – Paul Hastings; Amin Doulai – Paul Hastings; Hannah Gray – Paul Hastings; Lucy Malkin – Paul Hastings; Luke McDougall – Paul Hastings; Jiten Tank – Paul Hastings;

Law Firms: Macfarlanes LLP; Paul Hastings;

Clients: Brookfield Business Partners LP; Greenergy International Ltd.;