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Matheson advises NYK Line on its investment in XFuel

Matheson recently advised Nippon Yusen Kabushiki Kaisha (“NYK Line”) in connection with its investment in the Dublin-based sustainable fuel technology company, XFuel, as part of a $20m Series A funding round to scale and develop green fuel technologies in the maritime industry.

Brian McCloskey, Corporate M&A Partner at Matheson said:

“We are delighted to have advised NYK Line on their investment in XFuel.  We look forward to seeing the positive impact XFuel’s sustainable fuel technologies will have on the maritime industry.

The Matheson team was led by Corporate M&A partner Brian McCloskey and senior associate Dan McAleese.  The Corporate M&A team also included Nicola McAleese and Patrick Ferguson.

With a wealth of experience across our six partner led offices worldwide, Matheson has some of the most experienced corporate lawyers in Ireland.  This transaction is a further example of the strength and depth across our market leading Corporate M&A team and our experience delivering for clients on complex and innovative domestic and international corporate transactions across all industry sectors.

For more information about our legal services, please contact a member of the Corporate team or your usual Matheson contact.

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