Makeen Energy acquires family-owned German company FAS

Makeen Energy acquired FAS Flüssiggas Anlagen GmbH based in Salzgitter, Germany. The deal will be finalized in January 2024.

Makeen is an international company based in Denmark. According to the company, the acquisition will strengthen the global business and network of Makeen Gas Equipment, a division of Makeen Energy. The division supplies gas components, commodities plus services and consultancy for the gas industry worldwide.

“This acquisition opens new possibilities for us in the European, Middle Eastern, Asian and African market and allows us to develop our existing presence and services substantially,” says Bo Larsen, commercial director of Makeen Energy. “I am convinced that this move will lead to an exciting and successful future for both parties.”

FAS specializes in the development and production of technological equipment for the oil and gas industry. The company has created new segment developments for LNG, SNG and equipment for industrial applications.

The previous owners, brothers Lutz and Andreas Jeremias, will continue to lead FAS under the new ownership. They inherited the company from their father, keeping the business under family ownership since its founding in 1975.

“I am thrilled to be able to pass on ownership of FAS to a company that wants to carry our values forward,” says Lutz Jeremias, managing director of FAS. “Joining forces with people as passionate about energy industry success as us is what takes us into the next chapter in our storybook.”

In early 2020, Gas Equipment Co. (GEC) became part of Makeen Energy when Makeen’s daughter company, Kosan Crisplant, acquired the Dallas-based equipment distributor. GEC became the latest branch of Makeen’s trading division, KC ProSupply.

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