https://www.engineeringnews.co.za

Easigas, Reatile Gaz to merge Southern African LPG interests

Easigas, Reatile Gaz to merge Southern African LPG interests

Photo by Duane Daws

15th September 2015

By: Creamer Media Reporter

  

Font size: - +

Liquefied petroleum gas (LPG) suppliers Easigas and Reatile Gaz will merge their respective Southern African operations to create a “truly regional player”.

The merged entity, in which Easigas parent company Rubis Group would hold a 60% interest and Reatile Gaz the balance, was aimed at improving efficiency and reliability of supply to customers through the companies’ combined LPG supply and distribution infrastructure.

The merger was also expected to further enhance transformation in South Africa’s energy sector, as it would position a black-owned and -managed company as a key player in the Southern African LPG market.
 
Black-owned Reatile Group holds a 55% stake in Reatile Gaz, with Engen Petroleum owning the remaining 45%.
 
Reatile Gaz has LPG operations in South Africa and is active in Mozambique and Zimbabwe, while Easigas has operations in South Africa, Swaziland, Lesotho and Botswana.
 
The merger was subject to the approval of all relevant competition and other authorities.

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

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 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:0.073 0.135s - 137pq - 2rq
Subscribe Now