Thommessen's Bergen office has assisted Jo Tankers in connection with the sale of its chemical tanker operations and a joint venture stake to Stolt-Nielsen Limited.

03 Aug 2016

Chemical company Stolt-Nielsen Limited is acquiring parts of Jo Tankers' business for $ 575 million dollars (approximately 4.85 billion kroner).

Jo Tankers has been assisted by a team led by Hans Olav Lindal and Bjørn Sande Urtegaard.

The transaction is expected to close by the end of September this year.

Matter Type

Asset Sale: Seller's Counsel

Industry

Transport & Logistics

News Category

Real Estate & Construction

M&A

Resource

Thommessen's Bergen office has assisted Jo Tankers in connection with the sale of its chemical tanker operations and a joint venture stake to Stolt-Nielsen Limited.