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New Deal


Announced

Eni Gas e Luce to acquire Aldro Energía from Grupo Pitma.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Spain

Pending

Integrated Oil and Gas

Majority

Friendly

Cross Border

energy solutions

Private

Acquisition

Synopsis

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Eni Gas e Luce, a provider of gas, power and energy solutions, agreed to acquire Aldro Energía, a provider of gas and energy efficiency solutions, from Grupo Pitma. Financial terms were not disclosed. "This acquisition allows Eni gas and luce to expand its presence in the European market, which will be fundamental in the development strategy of its activities. The company aims to increase its portfolio, reaching 11m customers in 2023 to offer not only gas and electricity, but the whole range of services related to home and energy," Alberto Chiarini, Eni Gas e Luce CEO.

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