Market of mergers and acquisitions rises over 300 times
“Energy was a sector very well represented in M&A in H1 2008, in a context in which, in H1 2007, we had only two transactions totaling 4 million euro. The markets are in consolidation and acquisitions in the wind energy and LPG distribution sectors are also expected”, explained Ioana Filipescu.
The US giant Weatherford bought in its turn Petrom assets – Base of Special Operations at Campina Derick, for some 10 million euro, and Atlas Gip, for 16.6 million euro. In the sector of electricity, Wienstrom GmbH Austria bought 17 micro water power plants from Hidroelectrica, for some 28 million euro.