Acquiring Company
Aradel Holdings Plc
Acquired Company
ND Western
LagosLagosEnergyOil And GasRenewable EnergyEnergyOil And GasDescription
Aradel Holdings Plc has completed the acquisition of an additional 40% equity interest in ND Western Limited. This acquisition increases Aradel's shareholding in ND Western from 41.67% to 81.67%, making it a subsidiary. The deal enhances Aradel's strategic position in the Nigerian upstream oil and gas sector.
Quick answer
Aradel Holdings Plc is acquiring ND Western, announced January 1, 2026. Aradel Holdings Plc is based in Lagos, Lagos State, Nigeria.
- How much did Aradel Holdings Plc pay for ND Western?
- The deal value was not disclosed.
- What does Aradel Holdings Plc do?
- Aradel Holdings Plc is an indigenous integrated energy company focused on the domestic energy sector.
- Where are Aradel Holdings Plc and ND Western based?
- Aradel Holdings Plc is based in Lagos, Lagos State, Nigeria. ND Western is based in Lagos, Lagos State, Nigeria.
- Who are the decision-makers at Aradel Holdings Plc?
- Fundz holds 1 contact at Aradel Holdings Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired ND Western?
ND Western was acquired by Aradel Holdings Plc, based in Lagos. The deal was reported on January 1, 2026. Aradel Holdings Plc is an indigenous integrated energy company focused on the domestic energy sector. Aradel Holdings Plc is privately held and operates in Energy.
When did Aradel Holdings Plc acquire ND Western?
Aradel Holdings Plc's acquisition of ND Western was reported on January 1, 2026. Aradel Holdings Plc has completed the acquisition of an additional 40% equity interest in ND Western Limited. This acquisition increases Aradel's shareholding in ND Western from 41.67% to 81.67%, making it a subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ND Western do?
ND Western is a company in the oil and gas sector with a focus on exploration and production. It has been involved in significant projects and has shown growth and success in the industry. It is privately held, operating in Energy, and is based in Lagos.
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