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Göteborg Energi and Lidköping municipality divest Lidköping Biogas AB to Air Liquide

05 Jan 2016

Göteborg Energi and Lidköping municipality have entered into an agreement with FordonsGas Sverige, a subsidiary of the French company Air Liquide, on the transfer of Lidköping Biogas to FordonsGas Sverige. The transfer is expected to be completed in February 2016.

Lidköping Biogas produces and supplies liquid biogas for heavy vehicles and gaseous biogas for passenger cars. Air Liquide acquired FordonsGas Sverige in 2014 from Göteborg Energi and DONG Energy and is world leader in gas technology and services for industry and health. The group has operations in more than 80 countries and the company’s shares are listed on Paris Euronext.

Göteborg Energi is West Sweden’s leading energy company. The transfer takes place as part of a decision of Göteborg Energi on a strategy focusing on the core business in Gothenburg.

Göteborg Energi and Lidköping municipality were advised by Mannheimer Swartling in the transaction. The firm’s team primarily included Johan Ljungberg, Emelie Thor, Otto Gullberg and Clara Görrel.

Matter Type
M&A: Seller's Counsel
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources