Announced
Completed
Financials
Sources
Tags
neutral green gas
Germany
sustainable energy
Acquisition
Majority
Single Bidder
Integrated Oil and Gas
Domestic
Private
Completed
Friendly
Synopsis
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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