Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
25 March 2013
Gide, counsel to Oryx Energies on the acquisition of BP and Masana Petroleum Solution’s LPG businesses in South Africa
Gide Loyrette Nouel advises Oryx Energies, wholly owned by the private group AOG and one of Africa's largest independent providers of oil and gas products and services, on the acquisition of the liquefied petroleum gas (LPG) distribution businesses of BP and Masana Petroleum (in which BP has a 45% stake) in South Africa.
This acquisition follows BP’s global announcement last year of its intent to sell its LPG bottles and bulk business, as well as some of its wholesale LPG activities in the UK, Portugal, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa.
The deal is expected to be completed during the third quarter of 2013, subject to completion of all the required legal and regulatory approvals.
Legal counsel to Oryx Energies:
Gide Loyrette Nouel: Christophe Eck partner and Cécile Davanne-Mortreux
Assisted locally by Bowman Gilfillan (Jonathan Lang)
Legal counsel to BP:
Norton Rose (London): Jill Gauntlett, assisted by the Johannesburg Office (Georg Kahle and Loris Rech)
