Acquiring Company
Spire
Acquired Company
MOGAS Industries
Description
Spire Inc. (NYSE: SR) today announced it has entered into an agreement to acquire MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. (NYSE: CORR), for $175 million, subject to customary working capital and other closing adjustments. The transaction is expected to close in Spire's fiscal fourth quarter, pending Hart-Scott-Rodino review and subject to customary closing conditions.
Quick answer
Spire is acquiring MOGAS Industries and Omega, announced May 25, 2023. Spire is based in Vienna, Virginia, United States.
- How much did Spire pay for MOGAS Industries?
- The deal value was not disclosed.
- What does Spire do?
- At Spire Inc. (NYSE: SR), we believe energy exists to help make people's lives better.
- Where are Spire and MOGAS Industries based?
- Spire is based in Vienna, Virginia, United States. MOGAS Industries is based in Houston, Texas, United States.
- Who are the decision-makers at Spire?
- Fundz holds 4 contacts at Spire. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Spire, and when
When Spire changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Spire raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Spire, from your own LinkedIn network
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Frequently asked
Who acquired MOGAS Industries?
MOGAS Industries was acquired by Spire, based in Vienna. The deal was reported on May 25, 2023. At Spire Inc. (NYSE: SR), we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Spire is publicly traded (SPIR) and operates in Information Technology.
When did Spire acquire MOGAS Industries?
Spire's acquisition of MOGAS Industries was reported on May 25, 2023. Spire Inc. (NYSE: SR) today announced it has entered into an agreement to acquire MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MOGAS Industries do?
MOGAS Industries is the most trusted severe service technology company offering severe service valves, surface engineering / coating, modular process units, and aftermarket support. It is privately held, operating in Manufacturing, and is based in Houston.
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