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Announced

Completed

Mabanaft completed the acquisition of WESTFA Energy from Adeleon.

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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neutral green gas

Germany

sustainable energy

Acquisition

Majority

Single Bidder

Integrated Oil and Gas

Domestic

Private

Completed

Friendly

Synopsis

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Mabanaft, the German integrated energy company, completed the acquisition of WESTFA Energy, a supplier of liquefied petroleum gas, from Adeleon, a family holding company. Financial terms were not disclosed. “WESTFA is a well-positioned business with great access to end customers. Our focus, together with the WESTFA team, will be to continue serving the loyal customers and building on the existing relationships that WESTFA has developed over the years,” Jon Perkins, Mabanaft CEO.

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