Acquisition of the Sirio fuel retail business by Top Oil

PUBLISHED: 12th May 2016

Photo to illustrate article https://www.lkshields.ie/images/uploads/news/service-station.jpg.

We acted for Top Oil in their acquisition of the Sirio fuel retail business.

As a result of this transaction, Top Oil has gained 110 new employees, potential additional sales of 25 million litres of fuel annually and added 10 new service stations to its company network.

Top Oil is one of Ireland’s leading fuel importers and distributors.

The transaction was led by Philip Daly, Partner in our Corporate and Commercial Department, with assistance from Lisa McEllin and Ruairí Mulrean of our Corporate and Commercial Department, Clair Cassidy of our Commercial Property team, Andrew Power of our Banking team, Marco Hickey of our EU, Competition and Regulated Markets team and Jennifer O’Neill of our Employment, Pensions and Employee Benefits team.

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