Acquiring Company
Ardova Plc
Acquired Company
Powergas Global Investments Nigeria Limited
LagosLagosManufacturingEnergyOil And GasEnergyOil And GasDescription
Ardova Plc has entered into an agreement to acquire 100% of Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited. This acquisition aims to bolster Ardova's natural gas platform alongside its existing petroleum products. The deal, expected to close around late 2026, will leverage Powergas’ capabilities and infrastructure to enhance access to natural gas in Nigeria.
Quick answer
Ardova Plc is acquiring Powergas Global Investments Nigeria Limited, announced September 25, 2026. Ardova Plc is based in Lagos, Lagos State, Nigeria.
- How much did Ardova Plc pay for Powergas Global Investments Nigeria Limited?
- The deal value was not disclosed.
- What does Ardova Plc do?
- Ardova Plc is a leading indigenous integrated energy company in Nigeria that has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant.
- Where are Ardova Plc and Powergas Global Investments Nigeria Limited based?
- Ardova Plc is based in Lagos, Lagos State, Nigeria. Powergas Global Investments Nigeria Limited is based in Lagos, Lagos State, Nigeria.
- Who are the decision-makers at Ardova Plc?
- Fundz holds 2 contacts at Ardova Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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When Ardova Plc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Powergas Global Investments Nigeria Limited?
Powergas Global Investments Nigeria Limited was acquired by Ardova Plc, based in Lagos. The deal was reported on September 25, 2026. Ardova Plc is a leading indigenous integrated energy company in Nigeria that has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant. Ardova Plc is privately held and operates in Manufacturing.
When did Ardova Plc acquire Powergas Global Investments Nigeria Limited?
Ardova Plc's acquisition of Powergas Global Investments Nigeria Limited was reported on September 25, 2026. Ardova Plc has entered into an agreement to acquire 100% of Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited. This acquisition aims to bolster Ardova's natural gas platform alongside its existing petroleum products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Powergas Global Investments Nigeria Limited do?
Powergas is one of Africa’s largest producers of compressed natural gas. Founded in 2013, it specializes in supplying natural gas beyond conventional pipeline networks. The company focuses on energy solutions for commercial and industrial customers. It is privately held, operating in Energy, and is based in Lagos.
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