About Italgas
Italgas is a company based in Rivalta Di Torino (Italy) founded in 1837 was acquired by Snam in February 2009. It operates as a Managed Services, and Product-as-a-Service. The company has 4,340 employees as of December 31, 2024. Italgas has completed 8 acquisitions, including Acamgas.com, Acqua Campania and DEPA. Italgas offers products and services including Gas Distribution, Water Systems, Energy Efficiency Solutions, and Digital Transformation.
- Headquarter Rivalta Di Torino, Italy
- Employees 4340 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Italgas Spa
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Annual Revenue
$2.58 B (USD)-3.34as on Dec 31, 2024
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Net Profit
$497.48 M (USD)8.94as on Dec 31, 2024
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EBITDA
$1.35 B (USD)8.82as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
4340
as on Dec 31, 2024
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Investments & Acquisitions
Acamgas.com
& 7 more
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Acquired by
Snam
(Feb 12, 2009)
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IPO & Listings of Italgas
Italgas is a publicly listed company on the MIL with ticker symbol IG in Italy, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Italgas
Italgas offers a comprehensive portfolio of products and services, including Gas Distribution, Water Systems, Energy Efficiency Solutions, and Digital Transformation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gas is distributed to millions across European networks.
Water services are provided to millions in Italy.
Innovative solutions are offered for sustainable energy savings.
Digital innovation is driven for business transformation needs.
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Software Development Team
27 people
Leadership Team
14 people
Human Resources and Administration
13 people
Finance and Accounting
5 people
Product Management Team
4 people
Head Team
3 people
Group Team
3 people
Procurement Team
3 people
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Funding Insights of Italgas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Italgas
Italgas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Snam. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy corporation
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Italgas
Italgas has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Acamgas.com, Acqua Campania and DEPA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Gas distribution operations are managed by Janagas in Italy.
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2022 | ||||
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Diversified conglomerate operating across multiple industries
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2020 | ||||
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Water resources are managed via telecontrol systems in Italy.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Italgas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Italgas Comparisons
Competitors of Italgas
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Italgas
Frequently Asked Questions about Italgas
When was Italgas founded?
Italgas was founded in 1837.
Where is Italgas located?
Italgas is headquartered in Rivalta Di Torino, Italy. It is registered at Rivalta Di Torino, Piedmont, Italy.
How many employees does Italgas have?
As of Dec 31, 2024, the latest employee count at Italgas is 4,340.
What is the annual revenue of Italgas?
Annual revenue of Italgas is $2.58B as on Dec 31, 2024.
What does Italgas do?
Italgas is engaged in the distribution of gas across extensive networks in Europe, serving millions of customers in Italy and Greece. Operations are extended into water systems, energy efficiency solutions, and digital transformation initiatives. The company is committed to sustainability and innovation, focusing on smart gas networks and renewable gas integration. Sectors served include energy, utilities, and technology, with a strong emphasis on supporting community development and environmental goals through advanced technological solutions.
What products or services does Italgas offer?
Italgas offers Gas Distribution, Water Systems, Energy Efficiency Solutions, and Digital Transformation.
Is Italgas publicly traded?
Yes, Italgas is publicly traded on MIL under the ticker symbol IG.
How many acquisitions has Italgas made?
Italgas has made 8 acquisitions, including Acamgas.com, Acqua Campania, and DEPA.
Who are Italgas's investors?
Italgas has 1 investor. Key investors include Snam.
What is Italgas's ticker symbol?
The ticker symbol of Italgas is IG on MIL.