M&A Deal Summary |
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Date | 2024-07-09 |
Target | Bangor Natural Gas |
Sector | Utilities |
Buyer(s) | Unitil |
Sellers(s) | Hope Utilities |
Deal Type | Divestiture |
Deal Value | 71M USD |
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Unitil provides energy for life by safely and reliably delivering natural gas and electricity in New England. Unitil was founded in 1984 and is based in Hampton, New Hampshire.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Utilities) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Maine) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Hope Utilities is a holding company that owns natural gas and water distribution utilities across 7 states. Hope Utilities is based in Morgantown, West Virginia.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Utilities) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Maine) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 1 |