Mabanaft takes over WESTFA Energy to expand across Northwest Europe

WESTFA’s position in the downstream LPG market in Germany, the Netherlands, Belgium, France, and Luxembourg will complement Mabanaft’s existing business.

German integrated energy company Mabanaft has announced the acquisition of 100% of the shares in WESTFA Energy. 

The deal includes  all its subsidiaries and shareholdings, from Adeleon Familienholding, formerly WESTFA Holding. This strategic acquisition is set to strengthen the company’s position in the energy market and expand its product portfolio.

Founded in 1946, WESTFA is a liquid gas distribution company based in Hagen, Germany, active in purchasing, logistics and distribution of LPG for heating and mobility purposes. WESTFA’s position in the downstream LPG market in Germany, the Netherlands, Belgium, France, and Luxembourg will complement Mabanaft's existing business.

“WESTFA is a well-positioned business with great access to end customers. Our focus, together with the WESTFA team, will be to continue serving the loyal customers and building on the existing relationships that WESTFA has developed over the years,” said Jon Perkins, CEO of Mabanaft.

Mabanaft is proactively engaged in the energy transition, offering both conventional and low carbon fuel solutions. The primary focus is on growing the end-customer business, especially in hard-to-electrify sectors, by leveraging its core strengths of sourcing, storing, handling and distributing liquid fuels.