Pinsent Masons advises GB Oils Limited on £21.9 million acquisition of Chevron Limited UK 'equity distributor' business

26 Aug 2008 | 06:06 am | 1 min. read

International law firm Pinsent Masons has advised GB Oils Limited, a subsidiary of DCC plc, on the £21.9 million acquisition of the trade, assets and goodwill of the Chevron Limited UK "Equity Distributor" business.

The Chevron Limited UK "Equity Distributor" business, trading under the Texaco brand, distributes transport fuels and heating oils to commercial, industrial, agricultural and domestic customers principally in southern England and Wales. GB Oils has also agreed to enter into a long term supply arrangement with Chevron. 

The Pinsent Masons team advising GB Oils Limited was led by Corporate Partner Andrew Kerr, with support from Catherine Hemsworth, Manisha Patel (Corporate) , Ian McKie (OTC), Louise Bloomfield,  Jenny Wilson (Employment) and David Bowman (Property).

Tommy Breen, Chief Executive of DCC plc, said: "DCC Energy is already the largest oil distributor in Britain with annualised sales of approximately 3.2 billion litres and a market share of approximately 10%. The acquisition of the Texaco distribution business will bring significant further scale to DCC's oil distribution business in Britain and is consistent with our strategy of growing our presence in this market." 

Commenting on the deal Catherine Hemsworth said: "We are delighted to have advised GB Oils Limited on this strategically important acquisition and we wish them all the best for the future."

For further information please contact:

Unni Schmidt
PR Adviser
Pinsent Masons,
[email protected]
DDI: 020 7418 7009
Mob: 07824 569324

Notes to Editors:

Pinsent Masons is an international law firm with over 290 partners and more than 1000 lawyers who provide a full range of corporate and commercial services. The firm ranks amongst the top 100 global law firms.

  • With head-quarters in the City of London, Pinsent Masons' operation spans the UK, Continental Europe, the Middle-East and Asia Pacific. In the UK, the firm also has offices in Birmingham, Leeds, Manchester, Edinburgh, Glasgow and Bristol. Internationally, Pinsent Masons is based in Shanghai, Beijing, Hong Kong, and Dubai. Through the Pinsent Masons Luther Group (PMLG), the firm is allied to independent law firms in Germany, France, Austria, Hungary, Turkey and the Baltic States.
  • Pinsent Masons LLP is a limited liability partnership registered in England & Wales (registered number: OC333653) and regulated by the Solicitors Regulation Authority. The word ‘partner’, used in relation to the LLP, refers to a member of the LLP or an employee or consultant of the LLP or any affiliated firm who has equivalent standing and qualifications. A list of the members of the LLP, and of those non-members who are designated as partners, is displayed at the LLP’s registered office: CityPoint, One Ropemaker Street, London EC2Y 9AH, United Kingdom. 
  • We use ‘Pinsent Masons’ to refer to Pinsent Masons LLP and affiliated entities that practice under the name ‘Pinsent Masons’ or a name that incorporates those words. Reference to ‘Pinsent Masons’ is to Pinsent Masons LLP and/or one or more of those affiliated entities as the context requires. For important regulatory information please visit: http://www.pinsentmasons.com/

Latest press releases

Show me all press releases

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons hires real estate regulatory and investment partner in Germany

Multinational law firm Pinsent Masons has hired real estate funds regulatory and investment specialist Dorothee Atwell into its Frankfurt office

Advised Diamond Transmission Partners Walney Extension Limited

Multinational law firm Pinsent Masons has advised Diamond Transmission Partners Walney Extension Limited on the £447m acquisition and financing of the transmission assets relating to the 659MW Walney Extension offshore windfarm from Walney Extension Limited.

People who viewed this press release also viewed

Show me all press releases

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons hires real estate regulatory and investment partner in Germany

Multinational law firm Pinsent Masons has hired real estate funds regulatory and investment specialist Dorothee Atwell into its Frankfurt office

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts