IOR – divestment of a majority interest to Stonepeak
Miles Advisory Partners is pleased to announce that we have advised the shareholders of IOR on their divestment to Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets.
Transaction Details
Sector
Industrial
Miles Role
Sell-side advisor to the shareholders of IOR
Deal Type
Business Divestments
Year Completed
2025
Contacts for this Transaction
Duncan Mann
Managing Director
Jack Atkins
Director
Overview
- IOR is a leading independent fuel distribution business, primarily supplying diesel and aviation fuel to commercial & industrial end markets across Australia
- The business distributes >1.3BL of fuel products across an extensive network that includes >200 unmanned diesel truckstops, ~40 airport refuelling sites, and >500 back-to-base tanks
- Deep vertical-integration exists, including highly-strategic import terminal infrastructure creating supply chain security and margin benefits, as well as a proprietary truck & trailer fleet, and equipment manufacturing capability
- Stonepeak bring global energy and infrastructure experience to support a management team that have identified significant future growth opportunities in both Australia and the broader Asia-Pacific
Industry Context
The transaction highlighted the criticality of Australia’s ability to create security and resilience in its energy supply chain, and the importance of reliable regional fuel supply to support industries across Australia’s sparse geography.
Further information on this transaction is available at: Stonepeak Press Release
