RUBIS COMPLETES ACQUISITION OF THE LEADER IN THE DISTRIBUTION OF FUEL PRODUCTS IN HAITI
May 02 2017 - 1:55AM
Paris, May 2, 2017, 8.55 a.m.
Following the announcement made on
February 20, Rubis has finalized, at the end of April, the
acquisition of 100% of Dinasa and its subsidiary Sodigaz, the
leading distributors of fuel products in Haiti.
With 600,000 cbm distributed,
Dinasa, the country's leading network of gas stations (125 sites),
operates under the NATIONAL brand and operates in all segments of
the fuel product market. Dinasa meets most of Rubis' investment
criteria in its fuel distribution business: a leading player
positioned on a niche market associated with the import logistics
ownership.
Dinasa's sales volumes will
increase Rubis Énergie's activity in the Caribbean by more than
35%, and will no doubt help leverage the supply chain.
During the year ended September
30, 2016, Dinasa generated EBITDA of €40.4 million.
Next event:
Q1 2017 revenue: May 9, 2017(Market closing)
Press
Contact |
Analysts Contact |
PUBLICIS CONSULTANTS -
Aurélie Gabrieli |
RUBIS - Finance
Department |
Tel: +33 1 4482
4833 |
Tel: +33 (0) 1 4417
9595 |
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information contained therein.
Source: RUBIS via Globenewswire
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