BDO advises British Argus Media group on the acquisition of O.M.R. OIL MARKET REPORT
14 August 2019
BDO AG Wirtschaftsprüfungsgesellschaft has advised the British Argus Media group on the acquisition of commodity price information service provider O.M.R. OIL MARKET REPORT GmbH. The family-run business O.M.R. with a history going back nearly 35 years is located in Kellinghusen near Hamburg and provides pricing information on the domestic and international markets for oil products, biofuels and wood pellets. Its pricing information is widely used for supply contracts throughout the country and beyond.
Argus, headquartered in London with 23 offices in the world’s principal commodity trading and production centres, is a provider of energy and commodity price benchmarks. With the acquisition of O.M.R., Argus strengthens its market position in Germany.
Advisors to British Argus Media group:
BDO AG Wirtschaftsprüfungsgesellschaft
Financial Due Diligence and PPA
Frank Scholl, Martin Studier and Bernardo José Riedel (all Corporate Finance/Hamburg)
Tax Due Diligence
Peter Klumpp and Lars Erichsen (both M&A Tax/Hamburg)