EnergyWatch

Equinor buys Danish energy trader Danske Commodities

Norwegian oil and gas major Equinor, formerly Statoil, is acquiring the bustling Danish energy trading company, Danske Commodities.

Photo: Danske commodities

One of the greatest success stories in the Danish energy sector during the last decade, Danske Commodities, is now being sold to Norwegian oil major Equinor for around EUR 400 million.

It is possible that the price may increase by an unknown sum, depending on how well Danske Commodities fares. The target Danske Commodities must reach in order to achieve this has not been made public.

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