https://www.engineeringnews.co.za

Easigas & Reatile Gaz Merger

15th September 2015

  

Font size: - +

This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.

Easigas (Pty) Ltd (“Easigas”) and Reatile Gaz (Pty) Ltd (“Reatile Gaz”) to merge their respective liquified petroleum gas (“LPG”) interests in Southern Africa.

Easigas and Reatile Gaz are pleased to announce that they have entered into an agreement to merge their respective Southern African LPG operations.

Easigas is a wholly owned subsidiary of the Rubis Group (France), and has operations in South Africa, Swaziland, Lesotho and Botswana.

Reatile Gaz, having LPG operations in South Africa and active in Mozambique and Zimbabwe, is ultimately owned 55% by Reatile Group (Pty) Ltd and 45% by Engen Petroleum Ltd. Reatile Group is a black owned and managed company with diverse interests in the Southern African energy sector.

The merged operation will be owned 60% by Rubis Group (France), and 40% by Reatile Gaz, and will be a truly regional player, offering enhanced efficiency and reliability of supply to its customers through the combined LPG supply and distribution infrastructure of the Parties.

The merger will further enhance transformation in South Africa’s energy sector, and will position a black owned and managed company as a key player in the Southern African LPG market.

The merger is subject to the approval of all relevant competition and other authorities.



For media enquiries please contact: Mr Simphiwe Mehlomakulu, Chairman of Reatile Group at 010 593 2415.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (10/05/2024)
Updated 2 hours 25 minutes ago By: Martin Creamer

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 10 May 2024
10th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.409 0.466s - 158pq - 2rq
Subscribe Now