Haiti - France : Rubis Group completes the acquisition of DINASA and SODIGAZ - HaitiLibre.com : Haiti news 7/7

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Haiti - France : Rubis Group completes the acquisition of DINASA and SODIGAZ
02/05/2017 11:20:52

Haiti - France : Rubis Group completes the acquisition of DINASA and SODIGAZ
Following the announcement made on February 20 https://www.haitilibre.com/en/news-20159-haiti-flash-the-french-group-rubis-acquires-dinasa-and-sodigaz-in-haiti.html the French Rubis Group, specialized in the storage and distribution of petroleum products (3 billion Euros in turnover in 2016), 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.

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