M&A Deal Summary

SK E&S and SK Gas Acquire China Gas-SK Energy

On January 1, 2007, SK E&S and SK Gas acquired utilities company China Gas-SK Energy

Acquisition Highlights
  • This is SK E&S’s 1st and SK Gas’ 1st transaction in the Utilities sector.
  • This is SK E&S’s 1st and SK Gas’ 1st transaction in China.
Investment Fate
  • China Gas-SK Energy was sold to a consortium of strategic buyers in 2013.

M&A Deal Summary

Date 2007-01-01
Target China Gas-SK Energy
Sector Utilities
Buyer(s) SK E&S
SK Gas
Deal Type Joint Venture

Target

China Gas-SK Energy

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

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Buyer(S) 2

Buyer

SK E&S

Seoul,, South Korea

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. SK E&S was formed in 1999 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 2
Sector: Utilities M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-03 China Gas-SK Energy

China

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

Sell -
Buyer

SK Gas

Seongnam-si, South Korea

Category Company
Founded 1985
Sector Oil/Gas Exploration
Revenue 7.10T KRW (2024)
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-si, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-03 China Gas-SK Energy

China

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

Sell -