RUBIS SELLS MULTIGAS TO GAZECHIM

December 1, 2016Following a strategic review of its asset portfolio, Rubis has decided to dispose of Multigas, distributor of ammonia, special gases and LPG, with operations based in Domdidier, Switzerland.The European sector consolidation, as expected at the time of the acquisition, has not...

London, 02/12/2016 (informazione.it - comunicati stampa - servizi)

December 1, 2016

Following a strategic review of its asset portfolio, Rubis has decided to dispose of Multigas, distributor of ammonia, special gases and LPG, with operations based in Domdidier, Switzerland.

The European sector consolidation, as expected at the time of the acquisition, has not materialized, hence Rubis has finally decided to exit this sub segment of activity although solid and profitable.

The purchaser is Gazechim Group through its French subsidiary involved in this sector of activity and for which Multigas represents a potential significant growth.