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Matheson Advises Irving Oil on its Acquisition of Top Oil

AUTHORs: George Brady Date: 07/09/2018

Matheson advised Canadian-owned Irving Oil on its acquisition of Top Oil. The acquisition will complete once all conditions of the sale have been met (including approval by the Competition and Consumer Protection Commission in Ireland).

Founded in 1924, Irving Oil operates Canada’s largest refinery in Saint John, New Brunswick, along with more than 900 fuelling locations and a network of distribution terminals spanning Canada and New England. It also operates Ireland’s only refinery, located in Whitegate, Co. Cork.

Headquartered in Dublin, Top Oil has a network of 200 dealer and company-owned forecourts and 20 dedicated fuel card sites, an aviation fuel business, an oil terminal at Dublin Port and is a leading supplier of home heating oil.

With a wealth of experience across our five partner led offices worldwide and a dedicated 100 person Corporate Department, Matheson has some of the most experienced corporate lawyers in Ireland and were named Ireland M&A Legal Adviser of the Year at the 2017 Mergermarket European M&A Awards.  Excellence matters and Matheson’s Corporate Department, led by 20 partners, has unparalleled experience in complex and innovative domestic and international corporate transactions across all industry sectors.