RUBIS COMPLETES ACQUISITION OF THE LEADER IN THE DISTRIBUTION OF FUEL PRODUCTS IN HAITI

RUBIS COMPLETES ACQUISITION OF THE LEADER IN THE DISTRIBUTION OF FUEL PRODUCTS IN HAITI

ID: 539549

(Thomson Reuters ONE) -



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




Download:
http://hugin.info/143569/R/2100791/796397.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: RUBIS via GlobeNewswire






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Bereitgestellt von Benutzer: hugin
Datum: 02.05.2017 - 08:55 Uhr
Sprache: Deutsch
News-ID 539549
Anzahl Zeichen: 1924

contact information:
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PARIS



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Business News



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