Radar > 236804

Explorer Investments selling Gascan

Explorer Investments estaria vendendo a Gascan

Intel ID : 236804
Synopsis

Explorer Investments, a Portuguese private equity firm, put its stake in its subsidiary Gascan up for sale, as published by newspaper Económico on 20 May 2016.

According to the news, these potential buyers include companies, such as France-based Rubis.

Gascan, was acquired in 2009 by Explorer Investments (see related transaction). It is based in Lisbon and engaged in distribution and commercialization of piped propane gas.
(content in portuguese)

A firma de private equity portuguesa Explorer Investments colocou à venda a sua participada Gascan, segundo publicou o Económico no dia 20 de mayo de 2016.

Segundo a notícia, entre os potenciais interessados estão várias empresas do sector, entre elas a francesa Rubis.

A Gascan, que foi adquirida pelo Explorer Investments em 2009 (ver transação relacionada), é uma empresa com sede em Lisboa que atua com distribuição e comercialização de gás propano canalizado.

Bidder

France

Target


Intel ID 236804
Value ND
Native Currency Euro (EUR)
Financial Data - Gascan Portugal
(31 Dec 2022)
Revenue: EUR 25,74m
EBITDA: EUR 10,27m
Net Debt: EUR 34,63m
People: 79
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.07 Oil & Gas Storage, Distribution & Retail (Downstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.