Xpansiv CBL Holding Group Limited (Xpansiv), a global commodity marketplace for ESG-inclusive commodity products, acquired Project OTX Limited (OTX). OTX is a London and Milan-based leading market-access provider for compulsory stockholding obligations, and is rapidly expanding into other illiquid commodities markets, including renewable fuels and renewable fuel certificates.
The acquisition was announced on 22 March 2021, and marks Xpansiv’s entry into the UK and Europe.
Slaughter and May’s team included Paul Mudie (Picture), Partner, Hemita Sumanasuriya, Associate, Phoebe McGibbon, Associate, Padraig Cronin, Partner, Rachel Hunter, Associate, Dominic Robertson, Partner and Gabrielle Pereira, Associate.
Involved fees earner: Padraig Cronin – Slaughter and May; Rachel Hunter – Slaughter and May; Phoebe McGibbon – Slaughter and May; Paul Mudie – Slaughter and May; Gabrielle Pereira – Slaughter and May; Dominic Robertson – Slaughter and May; Hemita Sumanasuriya – Slaughter and May;
Law Firms: Slaughter and May;
Clients: Xpansiv Data Systems;