July 11, 2014 10:22 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Antargaz, S.A.

Company Overview

Antargaz, S.A. offers retail distribution of Liquid Petroleum Gas (LPG) in France. The company sells LPG in cylinders, and in small, medium, and large bulk volumes stored in tanks for use in space heating, cooking, water heating, process heat, and transportation. It also markets LPG to service stations and supermarkets. The company serves the residential, commercial, agricultural, and motor fuel segments. Antargaz, S.A. was formerly known as Elf Antargaz and changed the name to Antargaz, S.A. in March, 2008. The company was founded in 1951 and is based in Courbevoie, France. As of March 27, 2001, Antargaz, S.A. operates as a subsidiary of AGZ Holding SAS.

Les Renardieres

3 Place de Saverne

Courbevoie,  92400


Founded in 1951


33 9 74 75 75 75


33 1 41 88 73 00

Key Executives for Antargaz, S.A.

Director General
Age: 52
Compensation as of Fiscal Year 2014.

Antargaz, S.A. Key Developments

Total In Negotiations With UGI

Total SA (ENXTPA:FP) entered into exclusive negotiations with UGI Corporation (NYSE:UGI) after received a firm offer from Antargaz, S.A. for Totalgaz Espana S.A. The transaction under consideration is aligned with Total’s strategy of assertively managing its asset portfolio. Philippe Boisseau, member of Total’s Executive Committee and President of Marketing & Services, said, "Within the specific context of the European LPG distribution market, Totalgaz will be able to pursue its industrial and commercial development backed by a leading industrial company. UGI has a long-term strategic vision, with a strongly expanding presence in European markets. Total closely examined not only UGI's ability and commitment to support Totalgaz’s growth, but also the pledges made with regard to the workforce."

Totalgaz Reportedly Receives Interests

Total SA (ENXTPA:FP) is planning to sell Totalgaz Espana S.A. Les Echos reported that Total SA has put Totalgaz up for sale and has received around 10 expressions of interest from potential buyers. First Reserve Corporation, Platinum Equity, LLC, PAI Partners, Antargaz, S.A., and Compagnie Des Gaz De Petrole Primagaz SA are said to be among the bidders.

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