Go to deals
Energy

Solgas has sold Canalizado Express to DocéGas

December 2025 — Solgas has sold its residential piped gas business to DocéGas, a specialist in bulk liquefied petroleum gas (LPG) distribution. With national coverage and proven operational capabilities, DocéGas is well positioned to ensure service continuity and drive the business’s next stage of growth.

Canalizado Express is Solgas’ carved-out residential piped gas business, managing the continuous supply of LPG through dedicated pipeline networks in multifamily buildings and residential complexes.

DocéGas is a Peruvian company specializing in the bulk distribution of LPG to households, businesses, industries and service stations. The company operates a nationwide network and leverages monitoring systems to ensure the safe and efficient delivery of energy solutions.

Solgas is a Peruvian company with a nationwide presence, focused on the distribution and commercialization of LPG. The company delivers energy solutions to the residential, commercial, industrial and automotive sectors through an extensive network of plants, distribution centers and strategic partners, enabling a safe and continuous supply across the country.

Our role in the transaction

Oaklins’ team in Peru acted as the exclusive financial advisor to Solgas in the sale of 100% of its residential piped gas business. The mandate included identifying and approaching potential buyers, as well as supporting the preparation of the sale process, including pitching, due diligence, share purchase agreement (SPA) negotiations and coordinating the operational transition to ensure service continuity and risk mitigation.

Parties

Talk to the deal team

Eduardo Campos

Partner
Lima, Peru
Oaklins APOYO

Mauricio Concha Zegarra

Partner
Lima, Peru
Oaklins APOYO

Nicolas Salmon

Associate Director
Lima, Peru
Oaklins APOYO

Related deals

ENGIE Énergie Services has sold Majorelle to Isospace
Business Support Services | Construction & Engineering Services | Energy

ENGIE Énergie Services has sold Majorelle to Isospace

Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.

Learn more
ITC has been acquired by Re-Pie Portfoy Yonetimi
Private Equity | Energy

ITC has been acquired by Re-Pie Portfoy Yonetimi

ITC, Türkiye’s leading integrated waste management and waste-to-energy platform, has been acquired by Re-Pie Portföy Yönetimi AS, one of Türkiye’s leading alternative asset management firms. The transaction provides Re-Pie with a scaled platform at the intersection of waste management, renewable energy and environmental services, while supporting ITC in the next stage of its development and long-term growth.

Learn more
Fincantieri has acquired a majority stake in Next Geosolutions Europe
Construction & Engineering Services | Energy

Fincantieri has acquired a majority stake in Next Geosolutions Europe

Fincantieri S.p.A. has acquired control of Next Geosolutions Europe S.p.A. as part of its strategy to create an integrated underwater technology and services platform. The transaction includes the acquisition of Marnavi S.p.A.’s 52.60% controlling stake, together with a portion of the shares held by certain management shareholders who have reinvested alongside Fincantieri. Following completion, Fincantieri is expected to launch a mandatory tender offer for the remaining shares, with the aim of delisting NextGeo from Euronext Growth Milan. The acquisition strengthens Fincantieri’s position in the underwater sector, expanding its capabilities in marine survey, geoscience, subsea infrastructure, offshore services, autonomous marine systems and critical infrastructure protection. The transaction forms part of Fincantieri’s broader underwater growth strategy, alongside its acquisitions of WSense, Graal Tech and Defcomm.

Learn more