1 décembre 2025Transactions & cas

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 EigenmannAntoine Illi, Noémie MégevandAnne-Gabrielle PiagetElodie Spahni (all corporate / M&A), Didier Nsanzineza (Tax) and Kevin MacCabe (Financing).