EQUITA assisted Vega Carburanti

EQUITA K Finance - Mid-market M&A advisory
Vega Carburanti 1920x1080
Vega Carburanti 1920x1080

Vega Carburanti sold its Levante business unit, which includes 9 automotive fuel distribution plants (8 of which are located in the region Puglia and one in Tuscany for a total of approximately 100 million litres per year of dispensed fuel) to Amegas, a company belonging to the Zetagas / Energas group.

The sale of these 9 plants, which were part of the perimeter of the acquisition of Carburanti 3.0 made in 2018, is part of Vega’s strategy to focus its business on the market in the centre-north of Italy, while for Amegas it represents a strengthening of its distribution network in Southern Italy, with particular reference to Puglia.

Vega Carburanti has been assisted by Equita K Finance (Clairfield Italy), part of Equita Group, as financial advisor, and by Studio Legale Gianni & Origoni for the legal aspects.
Amegas was assisted by Curtis, Mallet-Prevost, Colt & Mosle LLP for the legal aspects.

The transaction in a nutshell

2022 10 Tombstone Vega Amegas

The sale of the Levante business unit, is part of Vega's strategy to focus on the north-central Italian market

Client:
Vega Carburanti
Date:
October 2022
Mandate:
Sale of Vega Carburanti to Amegas
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Vega Carburanti, a brand established in the 1960s and then becoming a group of national relevance in 2013, is one of the largest independent Italian groups in the distribution of automotive fuels, with a network of more than 100 points of sale operating under the Vega and Enercoop brands, mainly located in the centre-north of Italy.

Amegas is part of the Zetagas / Energas group, headquartered in Naples and active throughout Italy mainly in the distribution of automotive petroleum products, through a network of over 300 sales outlets, and in the marketing of LPG for combustion in cylinders and tanks.