Mabanaft is a trusted partner for its customers, offering efficient and reliable energy solutions that support their everyday lives, both now and in the future. This strategic acquisition will strengthen Mabanaft’s position in the energy market and enable the company to expand its product portfolio and meet the evolving needs of its customers.
By expanding its product range to include liquefied petroleum gas (LPG), this strategic move is intended to ensure that the Mabanaft Group becomes even more resilient and adaptable to market dynamics in the energy sector, and that its energy solutions become even more diverse, reliable and increasingly sustainable, by enabling it to offer lower-carbon options to a wider customer base. Mabanaft continues to see opportunities in the heating and mobility markets, and the acquisition will help the company to expand and further improve its current offering.
WESTFA is a liquefied petroleum gas (LPG) supplier based in Hagen, Germany, with just under 300 employees. It operates in the procurement, logistics and distribution of LPG for heating and mobility purposes, serving around 50,000 commercial and private customers. WESTFA’s strong position in the downstream LPG market in Germany, the Netherlands, Belgium, France and Luxembourg is an excellent complement to Mabanaft’s existing business and fits seamlessly into its long-term growth strategy. The acquisition opens up new opportunities for both companies, as WESTFA’s services perfectly complement Mabanaft’s customer portfolio in the heating and mobility sectors.
“We are delighted to welcome our colleagues at WESTFA to the Mabanaft Group. WESTFA is a well-positioned company with excellent access to end consumers. The combination of Mabanaft and WESTFA enables us to strengthen our joint market position and further expand our presence in north-western Europe,” says Jon Perkins, CEO of Mabanaft. “Together with the WESTFA team, we will focus on continuing to serve our loyal customers and building on the existing relationships that WESTFA has developed over the years. The energy transition offers great opportunities for us all, especially if we pool and utilise our strengths and experience. Together, we can develop a path towards more sustainable energy solutions for all our customers,” he continues.
Mabanaft looks forward to making the most of the synergies arising from the acquisition and remains committed to innovation, sustainability and customer satisfaction across all areas of its business.
The Mabanaft Group is a leading independent and integrated energy company that provides its customers with innovative energy solutions in the transport, heating, industrial and agricultural sectors. The Group is active in the import, distribution and marketing of petroleum products, natural gas liquids, chemicals and biofuels, and supports its customers in the transition to cleaner fuels by offering alternative long-term solutions.
WESTFA Energy GmbH, together with its subsidiaries, is a family-run business founded in 1946 by Johann Brand in Hagen. As a specialist in liquefied petroleum gas (LPG), WESTFA supplies private households, businesses and industry with LPG via its own fleet of lorries through regional distribution units in Germany, the Netherlands, Belgium, Luxembourg and France. WESTFA is also a major supplier of autogas in Germany and the Benelux countries.
