Chilena Lipigas acquires 51% of Plater to expand its operations to Dominican Republic and Haiti | AmericaEconomy



Santiago. Empresas Lipigas has announced the arrival of 51% of the company's assets in the amount of close to 3.1 million US Dollars after signing an agreement with the Dominican Republic Gas Plc.

The operation is subject to the approval of the Central American control agencies and it is estimated that all applicable requirements will be met within the next few months.

"This acquisition is the result of our strategy to increase the geographical and productive diversity of Empresas Lipigas, with an increasing presence in Latin America. We see an opportunity to add new companies in attractive markets together with local strategic partners because of the great potential of growing LNG consumption where emerging industrial zones are. It is added that natural gas comes from the United States to the region at a very competitive price, "said Ángel Mafucci, general manager of Lipigas.

Plater distributes 27 million cubic meters to customers in the Dominican Republic and other countries where it has 7 industrial satellite installations and 5 compressed natural gas compression stations (CNG). According to Diario Financiero, the service also contributes to Haiti.

"We are entering Central America with a proven model in Chile, where we have consistently increased sales to the LNG industry with high consumption that we supply with trucks. We have ten years of experience in the field of logistics and distribution, which allowed us to continually supply in large geographical areas. one of our comparative advantages, "added Mafucci.

Empresas Lipigas is a Chilean company with more than 60 years of experience in the sales and distribution of gas operating in Colombia since 2010 and in Peru since 2013. In October 2018, it has completed the purchase of 51.07% Surcolombiana de Gas or SurGas for 3 million dollars.


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