Acquiring Company
Italgas
Acquired Company
Floene
Milan
LisbonEnergyOil And GasEnergyOil And GasRenewable EnergyDescription
Italgas has announced its intention to acquire a 22.5% stake in Floene for €120 million. This acquisition is a strategic move to enhance Italgas' footprint in the Portuguese energy market. The deal is expected to strengthen both companies' positions and capabilities. The acquisition highlights Italgas' commitment to expanding its investments in sustainable energy solutions.
Fundz sees it the moment Italgas makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Floene?
Floene was acquired by Italgas, based in Milan. The deal was reported on October 2, 2026. Italgas is the leading gas distribution system operator in Italy and the largest in Europe following the acquisition of 2i Rete Gas. Italgas is privately held and operates in Energy.
When did Italgas acquire Floene?
Italgas's acquisition of Floene was reported on October 2, 2026. Italgas has announced its intention to acquire a 22.5% stake in Floene for €120 million. This acquisition is a strategic move to enhance Italgas' footprint in the Portuguese energy market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Floene do?
Floene is a prominent player in the Portuguese energy sector. The company focuses on energy solutions and services. It has a solid reputation for quality and sustainability. Floene aims to expand its market presence and capabilities. It is privately held, operating in Energy, and is based in Lisbon.
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