Taj, société d'avocats, member of Deloitte Touche Tohmatsu Limited, advises DCC Energy in the acquisition of Butagaz
DCC Energy has finalized its offer to acquire Butagaz with the oil company Shell. The closing of this offering is expected in 2015.
The Irish company DCC offers €464 million for the repurchase of Butagaz, the LPG distribution subsidiary of Shell in France. This acquisition is part of DCC's growth strategy in Western Europe. Founded in 1931, Butagaz is a strong brand in France in the distribution of butane and propane, with a market share of 25%.
Taj advised DCC Energy as part of the due diligence and tax structuring of the acquisition. For Taj, the team was composed of Olivier Venzal, Partner, and Damien Foisy d'Angicourt on tax aspects and Vanessa Irigoyen, Lawyer, on the VAT component.
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