Gasum Eesti divested to Alexela
Divestment to Alexela
August 2014
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to Gasum on the sale of its Estonian business to Alexela
Buyer
Alexela Energia is energy holding company of Alexela Group. The companies that are part of Alexela Energia have a consolidated turnover of over EUR 214 million and more than 1,000 employees all over Estonia
Target
Gasum Eesti AS is a subsidiary of the Gasum Group, and distributes and sells natural gas to small and medium-sized enterprises and households in Estonia. The company operates and maintains 62 kilometers of gas pipelines. Gasum Estonia's turnover in 2013 was c. EUR 2 million and has 4 employees