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Dorda and Noerr Advise Alcmene Group on Acquisition of 25% Stake in Miro

Dorda and Noerr Advise Alcmene Group on Acquisition of 25% Stake in Miro

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Dorda, working alongside Noerr's German and Belgian offices, has advised the Alcmene Group on its acquisition of a 25% stake in German oil refinery Miro. Taylor Wessing Germany reportedly advised Miro shareholder Esso Deutschland on the sale.

Alcmene specializes in midstream oil and commodity trading. It is a wholly-owned division of the Liwathon Group. The Liwathon Group is a privately owned industrial investment holding company with offices in Estonia, the Bahamas, and the UK.

Miro Mineraloelraffinerie Oberrhein operates as a refinery for refining crude oil into petroleum products. It is located on the Rhine River in Karlsruhe, Germany.

According to Dorda, the Vienna-based Alcmene Group has “strategically enhanced its portfolio by securing a 25% stake in Miro Mineraloelraffinerie Oberrhein. This acquisition seamlessly aligns with the overarching investment strategy of Liwathon Group, the parent company of Alcmene, which boasts ownership of more than 2.1 million cubic meters of storage space across key terminals in Estonia and the Bahamas. Liwathon's global presence in the energy sector is continually reinforced through its investment initiatives.”

The Dorda team included Partners Andreas Mayr, Christoph Brogyanyi, and Heinrich Kuehnert, Principal Associate Florian Nikolai, and Associates Philipp Fedan and Isabel Maurer.

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