December 1, 2025Deals & Cases
Deal Ticker: Management Buy-Out of Gunvor Group
Members of the management and the existing ownership of Gunvor Group agreed to a management buy-out. Under the agreement, majority owner Torbjörn Törnqvist will sell the entirety of his holdings in favor of a group of current employees, who will wholly own the Gunvor Group going forward. Gunvor Group is one of the leading physical energy trading companies in the world. The management buy-out will entail a series of structural and governance changes designed to ensure the long-term commercial success and global growth of the 25-year-old company. Kellerhals Carrard advised the existing ownership of Gunvor Group in this transaction. The team was led by Laurent Moser and Arnaud Philippe and further included Audrey Eigenmann, Antoine Illi, Noémie Mégevand, Anne-Gabrielle Piaget, Elodie Spahni (all corporate / M&A), Didier Nsanzineza (Tax) and Kevin MacCabe (Financing). Contacts Laurent MoserTel. +41 58 200 32 00 Fax +41 58 200 32 11 laurent.moser@kellerhals-carrard.ch  Dr. Arnaud PhilippeTel. +41 58 200 32 00 Fax +41 58 200 32 11 arnaud.philippe@kellerhals-carrard.ch  Audrey EigenmannTel. +41 58 200 32 00 audrey.eigenmann@kellerhals-carrard.ch  Antoine IlliTel. +41 58 200 32 00 Fax +41 58 200 32 11 antoine.illi@kellerhals-carrard.ch  Noémie MégevandTel. +41 58 200 32 00 noemie.megevand@kellerhals-carrard.ch  Anne-Gabrielle PiagetTel. +41 58 200 33 00 Fax +41 58 200 33 11 anne-gabrielle.piaget@kellerhals-carrard.ch  Elodie SpahniTel. +41 58 200 32 00 Fax +41 58 200 32 11 elodie.spahni@kellerhals-carrard.ch  Didier NsanzinezaTel. +41 58 200 32 00 didier.nsanzineza@kellerhals-carrard.ch  Dr. Kevin MacCabeTel. +41 58 200 30 75 Fax +41 58 200 30 11 kevin.maccabe@kellerhals-carrard.ch |