1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. California >
  6. Spire Acquires Sempra U.S. Gas & Power - Mobile Gas and Willmut Gas

M&A Deal Summary

Spire Acquires Sempra U.S. Gas & Power - Mobile Gas and Willmut Gas

On September 12, 2016, Spire acquired energy services and equipment company Sempra U.S. Gas & Power - Mobile Gas and Willmut Gas from Sempra U.S. Gas & Power for 344M USD

Acquisition Highlights
  • This is Spire’s 1st transaction in the Energy Services and Equipment sector.
  • This is Spire’s 4th largest (disclosed) transaction.
  • This is Spire’s 3rd transaction in the United States.
  • This is Spire’s 1st transaction in California.

M&A Deal Summary
Date 2016-09-12
Target Sempra U.S. Gas & Power - Mobile Gas and Willmut Gas
Sector Energy Services and Equipment
Buyer(s) Spire
Sellers(s) Sempra U.S. Gas & Power
Deal Type Divestiture
Deal Value 344M USD

Target

Sempra U.S. Gas & Power - Mobile Gas and Willmut Gas

San Diego, California, United States
Sempra U.S. Gas & Power LLC - Mobile Gas and Willmut Gas is a provider of energy services.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Spire

St. Louis, Missouri, United States
Category Company
Founded 1857
Sector Utilities
Employees3,475
Revenue 2.6B USD (2024)
DESCRIPTION

Spire is a utility holding company whose primary business is the delivery of natural gas to residential, commercial, and industrial customers. The company has three natural gas utilities: Laclede Gas, Missouri Gas Energy, and Alabama Gas Corporation. Spire was founded in 1857 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 3 of 6
Sector: Energy Services and Equipment M&A 1 of 2
Type: Divestiture M&A Deals 3 of 6
State: California M&A 1 of 1
Country: United States M&A 3 of 6
Year: 2016 M&A 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Alabama Gas

Birmingham, Alabama, United States

Alabama Gas Corp., is a natural gas distributor. Alagasco delivers clean-burning, energy-efficient natural gas to industries, commercial businesses and residential homes.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-25 Omega Pipeline

Fort Leonard Wood, Missouri, United States

Omega Pipeline is a connected gas distribution system. Omega Pipeline was formed in 1992 and is based in Fort Leonard Wood, Missouri.

Buy $175M

Seller(S) 1

SELLER

Sempra U.S. Gas & Power

San Diego, California, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Sempra U.S. Gas & Power LLC is a designer and developer of large-scale renewable energy and natural gas infrastructure projects.

DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-22 Geronimo Energy - Apple Blossom Wind Project

Huron County, Michigan, United States

Geronimo Energy LLC - Apple Blossom Wind Project is a generator of clean, renewable power for approximately 38,000 Michigan homes.

Buy -
Mergr

Solution for

Product

Company

Legal