Piedmont Natural Gas - M&A Summary, Ownership, and Business Overview

Energy Services And EquipmentCompany

Piedmont Natural Gas M&A Summary

Piedmont Natural Gas has acquired 2 companies of its own.

Piedmont Natural Gas’ largest acquisition to date was in 2002, when it acquired North Carolina Natural Gas for $425M. Piedmont Natural Gas has acquired in 2 different US states. The Company’s most targeted sectors include energy services and equipment (100%).

Piedmont Natural Gas Ownership

Who owns Piedmont Natural Gas?

Piedmont Natural Gas is owned by Duke Energy. It was acquired on October 26, 2015.

Piedmont Natural Gas Business Overview

Where is Piedmont Natural Gas headquartered?

Piedmont Natural Gas is headquartered in Charlotte, North Carolina.

What is Piedmont Natural Gas’ revenue?

Piedmont Natural Gas disclosed revenue of 1,470M USD for 2014 and 1,278M USD for 2013.

How many employees does Piedmont Natural Gas have?

Piedmont Natural Gas has 1,868 employees.

What sector is Piedmont Natural Gas in?

Piedmont Natural Gas is an energy services and equipment company.

When was Piedmont Natural Gas founded?

Piedmont Natural Gas was founded in 1949.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1

Piedmont Natural Gas Co., Inc.

4720 Piedmont Row Drive,
Charlotte, North Carolina 28210
United States,
(704)364-3120
www.piedmontng.com

Piedmont Natural Gas is an energy services company primarily engaged in the distribution of natural gas to more than one million residential, commercial, industrial and power generation utility customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are wholesale customers.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $448M $448M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
SouthStar Energy Services LLC 2013-09-06 23M USD Stake Purchase
Atlanta, Georgia · www.southstarenergy.com
North Carolina Natural Gas (NCNG) 2002-10-16 425M USD Add-on Acquisition
Fayetteville, North Carolina
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (100%) 448M (100%) - -
Total 2 $448M - -

By Geo

State/Country Buy Value Sell Value
United States 2 448M - -
  North Carolina 1 425M - -
  Georgia 1 23M - -
Total 2 $448M - -

Deal Values

buy # Total
$100M to $1B 1 $425M
< $100M 1 $23M
TOTAL $448M
Largest North Carolina Natural Gas (NCNG)
$425M (2002-10-16)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

1,470   16% 2014
1,278   14% 2013
1,123   2012
(millions of USD)

Employees

1,868

Established

1949

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