March 1 (SeeNews) - Croatian gas distributor Gradska Plinara Zagreb has expanded its presence in the country to the city of Bjelovar by acquiring its peer Elektrometal-Distribucija plina, Zagrebacki Holding, sole owner of Gradska Plinara Zagreb, said on Thursday.
Gradska Plinara Zagreb has 280,333 customers throughout the country. Its gas distribution network spans some 3,810 km.
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The price of the transaction was not disclosed.
After the signing of the deal, Gradska Plinara Zagreb will launch a process of financial consolidation and put together a five-year investment plan, Zagrebacki Holding said in a statement.