Waterfront advise Blue Oil Energy LLP on the purchase of the business and assets of Jackson Son & Co. (London) Limited’s oil brokering division.
Blue Oil Energy LLP purchased Jackson Son & Co. (London) Limited’s oil brokerage division (Jackson Oil). Jackson Oil provides inter dealer broking services to the physical oil market.
The Waterfront team advising on this transaction was led by Graham Halliday. He was supported by Matthew Cunningham, head of the corporate team - who was recently recognised in top legal directory, Chambers UK 2016 as a venture capital expert. Also advising was Anthony Purvis, head of employment. Representing Jackson Son & Co. (London) Limited during the purchase were Penningtons Manches LLP.
Blue Oil Energy LLP were founded in 2013 and are a broking and consultancy firm based in London and Geneve, specialising in the oil industry. They work with all major market participants on spot and term contracts across the world, covering primarily ULSD, Gasoil, Jet, Gasoline and VGO.
James Mark, LLP Designated Member of Blue Oil Energy LLP said of the Waterfront team: “Now we have completed the Jackson purchase, I just wanted to say thanks to all of you for a brilliant job, your patience is now legendary. Waterfront’s level of support to our business was without fault – they provided excellent advice.”