logo
logo

Mabanaft completes strategic acquisition of WESTFA Energy GmbH to expand product portfolio in the energy market

Apr 08, 2024over 1 year ago

Acquiring Company

Mabanaft GmbH & KG

Acquired Company

WESTFA Energy GmbH

HamburgHagenRenewable EnergyOil And GasEnergyOil And GasEnergy

Description

Mabanaft GmbH & Co. KG, a leading independent and integrated energy company, has successfully completed the strategic acquisition of WESTFA Energy GmbH and its subsidiaries. This acquisition further strengthens Mabanaft's position in the energy market, expanding its product portfolio and enhancing its ability to meet the evolving demands of its customers. The acquisition also aims to make the Mabanaft Group more resilient and adaptable to energy market dynamics by including LPG in its product range, offering lower carbon pathways to a wider customer base.

Company Information

Company

Mabanaft GmbH & KG

Location

Hamburg, Hamburg, Germany

About

Mabanaft GmbH & Co. KG is a leading independent and integrated energy company headquartered in Hamburg, providing innovative energy solutions for transportation, heating, industrial, and agricultural needs. The company is actively involved in the import, distribution, and marketing of petroleum products, natural gas liquids, chemicals, and biofuels. Mabanaft supports its customers’ transition to cleaner fuels by offering alternative long-term solutions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed