Portugal

Pérez-Llorca and Uría Menéndez advise indirect purchase of 22.5% of Floene by Italgas

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 19/10/2026, 11:56:24 UTC.

Briefings

Italgas, through its Portuguese law firm Legance, secured a 22.5% indirect stake in Floene via a joint venture with Marubeni and Toho Gas, as advised by Uría Menéndez. The transaction, part of Italgas' 2026-2032 strategic plan, involves the acquisition of Meet Europe Natural Gas, which holds the Floene equity. The deal was led by Rodrigo Falcão Nogueira and Mariana Pintor at Italgas, while Uría Menéndez advised the sellers Marubeni and Toho Gas.

Key points

• Italgas acquired a 22.5% indirect stake in Floene through a joint venture with Marubeni and Toho Gas, advised by Uría Menéndez.
• The transaction was approved by Portuguese law firm Legance, which advised Italgas on all relevant Portuguese legal aspects.

Context

This acquisition is part of Italgas' strategic growth plan announced in June 2026, aiming to establish a relevant industrial role in Portugal through mergers and acquisitions.

Limitations

The evidence covers only the legal advisory process and transaction details up to 2030. It does not include operational data, financial figures, or future performance forecasts.

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