DC Advisory (DC) advised Mitsuuroko Group Holdings Co., Ltd. 'Mitsuuroko Group' on its acquisition of an undisclosed minority stake in Siamgas & Petrochemicals Public Company Limited 'Siamgas'.

As part of the acquisition, Mitsuuroko Group will execute a strategic alliance agreement with Siamgas to jointly invest and expand their Liquefied Petroleum Gas 'LPG' and energy businesses in Asia.

Mitsuuroko Group is a leading supplier of energy and related products and services in Japan.

Siamgas is a leading LPG distributor in Asia with operations in Thailand, China, Singapore, Malaysia, and Vietnam.

This minority investment will allow Mitsuuroko Group to combine its LPG retailing, logistics and safety standards with Siamgas’s extensive operations and experience in the Southeast Asian region to jointly develop and execute energy-related businesses and infrastructure projects in the region.

The transaction marks Mitsuuroko Group’s first investment into the Asia ex-Japan market.

As exclusive financial advisor, DC introduced Siamgas as a strong potential strategic alliance partner to Mitsuuroko Group after understanding Mitsuuroko Group’s strategic interests and intensions for LPG in the Asia ex-Japan region.

DC acted as Mitsuuroko Group’s exclusive financial advisor, and provided valuation, due diligence and negotiation services which led to a successful transaction.