Liquigas, Italian leading company in the distribution of LPG and LNG for domestic, commercial and industrial use, and Friulanagas, one of the main companies active in import, storage, mixing and distribution of LPG in tanks, cylinders and for transport, have signed an agreement for the acquisition of 100% of the capital of Friulanagas by Liquigas.
Thanks to the operation, Liquigas strengthens its leadership in Italy, with over 360,000 customers in the domestic and industrial sectors, and an aggregate post-acquisition turnover of approximately 500 million euros.
The acquisition of Friulanagas fits perfectly into the growth strategy of Liquigas and SHV Energy, global group operating in the sale of LPG and LNG, of which Liquigas is entirely part. Liquigas confirms its expansion path in the Italian market through organic growth and the acquisition of partners identified for solidity of fundamentals, consolidated business model and attention to territory of reference.
SHV Energy is pleased to announce the winners of its first Global Sustainability Innovation Challenge, launched earlier this year.
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SHV Energy has expanded its cryogenic LPG storage terminal facility in Tuticorin, India. The expansion ensures LPG supply to the Indian market, primarily…
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