Sefton Fross has advised Conex Oil and Gas Holdings Limited (Conex) a downstream oil and gas company in Liberia on its acquisition of Total Liberia and Total Sierra Leone including securing financing for the funding of the acquisition.
Both former TotalEnergies Affiliates are leaders in the importation and marketing of petroleum products throughout their respective countries via the industrial & wholesale channel. The transaction represents a unique opportunity for Conex Oil and Gas Holdings Limited to become a market leader in the fuel marketing business in Africa with specific emphasis on the Mano River Union, due to the company’s leading position as vendors of petroleum products in the industry.
Sefton Fross advised Conex as international legal counsel on the entire aspect of the Transaction, from due diligence stage through financing and Transaction Close.
The Firm is thankful to have been part of this landmark transaction and excited to be working with the Conex team in their journey as a successful pan African conglomerate.