Case Study: EDF Group achieves a $1.7B asset sale in nine months with Merrill Corporation’s DataSite

How an international energy company leveraged Merrill DataSite to complete a $1.7 billion asset sale in nine months

EDF Group, a major European energy company, decided to sell its Mexico City operations — a 400-employee, $1 billion‑revenue asset package including eight companies, five plants and a pipeline. With roughly one million documents to sift through (about 170,000 pages in hard copy), the sales team had under two months to prepare a virtual data room that would be accessed by 700 global bidders.

Merrill DataSite provided a dedicated project team, on‑site scanning and 24/7 support to index, upload and configure secure, bidder‑specific virtual data rooms with detailed reporting and permissions. The site launched on time, due diligence ran smoothly, and the assets sold to GasNatural for $1.7 billion in nine months — reducing travel and hosting costs, preserving confidentiality, giving actionable bidder intelligence, and streamlining post‑deal documentation.

EDF Group