Total Acquires Lampiris to Expand Its Gas and P...
Total Acquires Lampiris to Expand Its Gas and Power Distribution Activities
Total
TOTAL (Paris:FP) (LSE:TTA) (NYSE:TOT):
Total and Lampiris, the third-largest supplier of natural gas and renewable power to the Belgium residential sector, have signed an agreement under which Total will acquire all of the shares in Lampiris. The agreement is subject to customary regulatory approvals.
The transaction will have no impact on the companies’ relationships with their customers or their suppliers, whose contracts will not be affected, and no jobs will be lost.
About Lampiris
Lampiris, an independent supplier of gas, green power and energy services such as insulation, furnace maintenance, wood and pellets for heating, and smart thermostats, has been active in the Belgian energy market since 2005. Lampiris, which currently supplies more than a million accounts, is the third-largest supplier in the residential energy market in Belgium. lampiris.be
About Total
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. www.total.com
Total
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Lampiris
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160614005768/en/
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