Acquiring Company
Afak Energy Company
Acquired Company
Central Gas Technology Company
Description
The Ministry of Industry, Trade, and Supply approved Afak Energy Company's acquisition of Central Gas Technology Company, involving the purchase of 100% of the partners' shares. This acquisition is expected to boost local investment and enhance the LPG distribution sector without harming market competition.
Quick answer
Afak Energy Company is acquiring Central Gas Technology Company, announced December 17, 2025. Afak Energy Company is based in Amman, Amman, Jordan.
- How much did Afak Energy Company pay for Central Gas Technology Company?
- The deal value was not disclosed.
- What does Afak Energy Company do?
- Afak Energy Company specializes in the central distribution of liquefied petroleum gas (LPG).
- Where are Afak Energy Company and Central Gas Technology Company based?
- Afak Energy Company is based in Amman, Amman, Jordan. Central Gas Technology Company is based in Amman, Amman, Jordan.
Source: Fundz verified event record.
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Who to call at Afak Energy Company, and when
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Frequently asked
Who acquired Central Gas Technology Company?
Central Gas Technology Company was acquired by Afak Energy Company, based in Amman. The deal was reported on December 17, 2025. Afak Energy Company specializes in the central distribution of liquefied petroleum gas (LPG). The company plays a significant role in Jordan's energy sector, focusing on enhancing local investments. Afak Energy Company is privately held and operates in Energy.
When did Afak Energy Company acquire Central Gas Technology Company?
Afak Energy Company's acquisition of Central Gas Technology Company was reported on December 17, 2025. The Ministry of Industry, Trade, and Supply approved Afak Energy Company's acquisition of Central Gas Technology Company, involving the purchase of 100% of the partners' shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Central Gas Technology Company do?
Central Gas Technology Company is involved in the distribution of liquefied petroleum gas (LPG) in Jordan. The company serves as a key player in the energy sector, contributing to the local market's efficiency and service quality. It is privately held, operating in Energy, and is based in Amman.
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