Italgas to acquire a LPG distribution and sales business from Fiamma 2000 for €31.7m.

Italgas, an Italian company specialised in the distribution of natural gas, agreed to acquire a LPG distribution and sales business from Fiamma, a chemicals company, 2000 for €31.7m. "With this acquisition, we are taking another important step in the direction of the methanization of Sardinia: with Olbia, all the main towns in the region are managed by Medea. It has been a journey that, in few years, has allowed the island to close a historical gap, becoming a model capable of attracting other operators in the sector and reactivating an integrated energy system for the benefit of communities," Paolo Gallo, Italgas CEO.