Flogas Britain has announced that it has acquired Portal Gas Services from administrators KPMG.
Portal Gas Services was part of T Baden Hardstaff Ltd, which entered administration last month.
Portal Gas Services specialises in the supply of LNG and has developed oil ignition gas injection dual fuel technology for commercial vehicles.
Flogas believes that the acquisition will strengthen its position in the LNG market, expand its transport capacity and increase its network of refuelling stations. As part of the deal, Flogas will continue to supply Portal Gas Services’ customers.
The LNG market is expanding rapidly in the UK as large off grid businesses increasingly become aware of the huge financial and carbon savings that LNG offers over oil.
Flogas has designed and developed the largest LNG conversion project ever seen in the UK.
Peter Ablett, Flogas Commercial Director, said: “LNG is a very important area for Flogas and we see the extra vehicles, infrastructure and expertise we have acquired as a vital part of our strategic growth.
“The extra vehicles and refuelling stations we’ve acquired allows us to vary our purchasing strategy and better support our customers.”
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11032015/flogas-acquires-portal-gas-services-399/
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