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Notification of concentration regarding the creation of the venture VLPG PLANT LTD by Petrolina (Holdings) Public Ltd, Synergas Ltd και Intergaz Ltd.
04/06/2018

The Commission for the Protection of Competition received a notification of a proposed concentration, concerning the creation of the venture VLPG PLANT LTD, by Petrolina (Holdings) Public Ltd, Synergas Ltd και Intergaz Ltd.

VLPG PLANT LTD is a company duly registered under the laws of the Republic of Cyprus and with the completion of the proposed concentration, the said company will undertake the establishment of facilities for the receipt, storage and management of liquid petroleum gas (LPG).

Petrolina (Holdings) Public Ltd is a public company duly registered under the laws of the Republic of Cyprus, listed on the Cyprus Stock Exchange and is active in the importation and trade of light and heavy petroleum products, LPG, engine oil and lubricants, refueling of aircrafts and storage, management.

Synergas Ltd is a cooperative company duly registered under the laws of the Republic of Cyprus and is active in the storage, management and distribution of bottled and bulk LPG throughout the Republic of Cyprus.

Intergaz Ltd is a private company duly registered under the laws of the Republic of Cyprus and is active in the retail and wholesale trade of LPG and specifically deals with the importation, storage, bottling and distribution of bottled and bulk LPG.

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