Investment Summary

China Gas Holdings Invests In China Gas-SK Energy

On September 3, 2013, China Gas Holdings invested in utilities company China Gas-SK Energy from SK E&S and SK Gas

Investment Highlights
  • This is China Gas Holdings’ 5th transaction in the Utilities sector.
  • This is China Gas Holdings’ 10th transaction in China.

Investment Summary

Date 2013-09-03
Target China Gas-SK Energy
Sector Utilities
Investor(s) China Gas Holdings
Sellers(s) SK E&S
SK Gas
Deal Type Stake Purchase

Target

China Gas-SK Energy

China
China Gas-SK Energy Ltd. supplies compressed natural gas and liquefied petroleum gas in China.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

China Gas Holdings

Wan Chai, China

website


Category Company
Founded 1995
Sector Oil/Gas Exploration
Employees38,500
Revenue 88.2B HKD (2022)
DESCRIPTION

China Gas Holdings is a natural gas services operator listed on the main board of The Hong Kong Stock Exchange Limited. It engages principally in the investment, operation and management of city gas pipeline infrastructure, distribution of natural gas and LPG to residential, commercial and industrial users, construction and operation of oil stations and gas stations, and development and application of natural gas and LPG related technologies in China. China Gas Holdings was founded in 1995 and is based in Wan Chai, China.


DEAL STATS #
Overall 10 of 10
Sector (Utilities) 5 of 5
Type (Stake Purchase) 9 of 9
Country (China) 10 of 10
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-20 Panva Gas Holdings

China

Panva Gas Holdings Ltd.distributes liquefied petroleum gas (LPG). The company operates self-owned retail stores and franchised outlets.

Buy -

Seller(S) 2

SELLER

SK E&S

Seoul,, South Korea

website


Category Company
Founded 1999
Sector Oil/Gas Exploration
DESCRIPTION

SK E&S is a member of the SK Group, that engages in a range of businesses, including upstream such as overseas gas field development and downstream such as power generation, district energy, and city gas distribution. The company has been operating a city gas business which distributes natural gas to customers in cities and rural areas across eight regions in South Korea. It is developing 2.5GW worth of renewable energy assets, and is expanding its portfolio via large-scale investments in companies including Plug Power, Key Capture Energy and Rev Renewables. SK E&S was formed in 1999 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 China Gas-SK Energy

China

China Gas-SK Energy Ltd. supplies compressed natural gas and liquefied petroleum gas in China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-23 EverCharge

Oakland, California, United States

EverCharge is a charging solutions provider that manufactures EV chargers and operates charging stations. EverCharge has installed and is operating 4,600 EV chargers across North America including the U.S. and Canada. EverCharge was founded in 2013 and is based in Oakland, California.

Buy -
SELLER

SK Gas

Seongnam, South Korea

website


Category Company
Founded 1985
Sector Oil/Gas Exploration
Revenue 4,412.3B KRW (2020)
DESCRIPTION

SK Gas is a professional LPG provider that has provided a stable supply of LPG to households, business, vehicles and industries and has played an important role in the nation’s development while holding a preeminent position in the market. However, not being complacent, SK gas is still pursuing new growth by enhancing its competitiveness and diversifying its business portfolio. SK Gas was founded in 1985 and is based in Seongnam, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 China Gas-SK Energy

China

China Gas-SK Energy Ltd. supplies compressed natural gas and liquefied petroleum gas in China.

Buy -