WPG Westfälische Propan GmbH
Background
In January 2018, Adeleon acquired WPG WESTFÄLISCHE PROPAN GMBH, a German company that supplied liquefied petroleum gas to rural and peri-urban households. The acquisition was part of Adeleon's strategy to expand its customer base and strengthen its position in the German liquefied gas market.
Acquisition
Adeleon's acquisition of WPG was a strategic move that allowed WESTFA to expand its customer base and strengthen its position in the German liquefied gas market. As part of the acquisition, WPG's customers were transferred to WESTFA and WPG's Managing Director, Jochen Clement, became the sales manager of the West area in WESTFA.
Impact
The acquisition of WPG had a positive impact on both WESTFA and WPG’s business. The addition of WPG's customers expanded both customer bases and increased revenue.
Result
The acquisition also allowed WESTFA to increase its market share in the German liquefied gas market and strengthen its position as a leading provider of high-quality liquefied gas products and services.
Conclusion
Adeleon's acquisition of WPG was a strategic move that allowed WESTFA to expand its customer base and strengthen its position in the German liquefied gas market. The acquisition had a positive impact on WESTFA's business and allowed WESTFA to increase its market share and revenue while maintaining the values set by Jochen Clement. Overall, the acquisition was a success for Adeleon, WESTFA and WPG.
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