Nippon Sanso-backed Supagas to acquire Kleenheat gas LPG distribution business from Wesfarmers.

Synopsis

Nippon Sanso-backed Supagas, a supplier of LPG, industrial, medical, specialty, and helium gases, agreed to acquire Kleenheat gas LPG distribution business from Wesfarmers, an Australian conglomerate. Financial terms were not disclosed.

Principals

target

Wesfarmers (kleenheat Gas Lpg Distribution Business)

bidder

SUPAGAS

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Market Context