Paris, FRANCE, Dec 1 (Bernama) --
North Atlantic France SAS successfully completes the acquisition of a controlling stake in Esso Société Anonyme Française SA and of 100% of ExxonMobil Chemical France SAS, two independent companies of the ExxonMobil group
· Successful completion of the acquisition by North Atlantic France SAS (“North Atlantic France”) of the 82.89% controlling interest of ExxonMobil France Holding SAS (“ExxonMobil”) in French listed company Esso Société Anonyme Française SA (“Esso S.A.F.”) at €26.19 per share and 100% of unlisted company ExxonMobil Chemical France SAS (“EMCF”)
· Clearance of both French Foreign Direct Investment authorization and EU Foreign Subsidies Regulation
· Esso S.A.F. now operating under its new name: North Atlantic Energies
· North Atlantic reaffirms its long-term commitment to the Gravenchon site, its employees, and France’s energy and industrial future · Mandatory tender offer to be launched for the remaining Esso S.A.F. shares at €28.93¹ per share
Paris, FRANCE – November 28, 2025 – North Atlantic France today announces the successful closing of its acquisition of an 82.89% controlling interest in Esso S.A.F. at €26.19 per share and 100% of EMCF from ExxonMobil following a competitive auction process initiated in 2024.
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