
UK - Graphite backs gas portfolio company's £22m acquisition
Graphite Capital has backed the ТЃ22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the ТЃ30m BIMBO of Dominion in June 2007. Funding for the latest deal includes equity from Graphite and debt facilities from RBS Structured Finance. The acquisition significantly increases the groupтs international coverage as a result of Globalтs strong presence in Azerbaijan, Singapore and West Africa. The merger increases the groupтs global workforce from 52 to 70.
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