M&A Deal Summary

Fluxys SA and Enagas Acquire Swedegas AB

On March 23, 2015, Fluxys SA and Enagas acquired energy services and equipment company Swedegas AB from EQT

Acquisition Highlights
  • This is Fluxys SA’s 1st and Enagas’ 1st transaction in the Energy Services and Equipment sector.
  • This is Fluxys SA’s 1st and Enagas’ 1st transaction in Sweden.

M&A Deal Summary

Date 2015-03-23
Target Swedegas AB
Sector Energy Services and Equipment
Buyer(s) Fluxys SA
Enagas
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Swedegas AB

Gothenburg, Sweden
Swedegas AB owns and operates the gas grid in Sweden. The gas grid supplies natural gas to 33 municipal areas and several combined heat and power plants.

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Buyer(S) 2

Buyer

Fluxys SA

Brussels, Belgium

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Fluxys SA


DEAL STATS #
Overall 1 of 3
Sector: Energy Services and Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 TBG

Rio de Janeiro, Brazil

TBG owns and operates the Brazilian section of the Bolívia-Brazil pipeline (“GASBOL”), an approximately 2,600 km (1,600 miles) natural gas pipeline system, including the main natural gas transportation network in the south of Brazil. GASBOL is capable of transporting up to 30 million cubic meters per day (1.1 billion cubic feet per day) of natural gas from Bolivia and Brazil’s offshore pre-salt fields to key markets in Brazil.

Buy -
Buyer

Enagas

Madrid, Spain

Category Company
Founded 1972
Sector Utilities
Employees1,390
Revenue 906M EUR (2024)
DESCRIPTION

Enagas is the technical manager of the Spanish Gas System and the main carrier of natural gas in Spain. Enagas was founded in 1972 and is based in Madrid, Spain.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-15 Terminal de LNG de Altamira S de RL de CV

Altamira, Mexico

The LNG terminal in Altamira will continue to facilitate overseas LNG imports and supply of gas into Mexico.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 68 of 194
Sector: Energy Services and Equipment M&A 1 of 5
Type: Add-on Acquisition M&A Deals 30 of 76
Country: Sweden M&A 18 of 34
Year: 2015 M&A 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-13 E.I.S. Aircraft Products and Services

Euskirchen, Germany

E.I.S. Aircraft Products and Services is a well-established product and service provider focused on the aerospace market with more than 60 years of experience. E.I.S. Aircraft's two main businesses ’Products and Services‘ offer a comprehensive scope of capabilities throughout the whole value chain, ranging from design and engineering up to program management, production to aftermarket support. E.I.S. Aircraft Products and Services was founded in 1953 and is based in Euskirchen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 LBX Pharmacy

Changsha, China

LBX Pharmacy is an entity that operates a pharmacy store chain in China. LBX Pharmacy operates stores in 21 provincial markets. LBX Pharmacy was founded in 2001 and is based in Changsha, China.

Sell -