UGI International Completes Sale of Italian LPG Distribution Business to Goldengas, SCG Gas, and Beyfin

Reuters
07/01
UGI International Completes Sale of Italian LPG Distribution Business to Goldengas, SCG Gas, and Beyfin

UGI International, LLC has announced the completion of its divestiture of the LPG distribution business in Italy, known as UniverGas. The business has been sold to three Italian energy sector companies: Goldengas S.p.A., SCG Gas S.p.A. of the Socogas Group, and Beyfin S.p.A. This transaction is part of UGI International's strategy to optimize its portfolio by focusing on core markets where it has significant market presence and operational expertise. Proceeds from the divestiture will be primarily used for debt repayment at UGI Corporation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UGI Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250701382289) on July 01, 2025, and is solely responsible for the information contained therein.

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