ButanGas

What ButanGas does

ButanGas S.p.A. is a privately held Italian multi-utility energy distributor, founded on December 13, 1948 in Rome by Prof. Giuseppe Costantino Dragan and headquartered in Milan (Via Larga 9/11). The company is a unipersonal subsidiary of Veroniki Holding S.p.A., which operates 1,380 employees across 9 European countries. ButanGas's core business is the distribution of LPG (Liquefied Petroleum Gas) through cylinders, tanks, single-user/multi-user metered systems, and Reti Canalizzate Comunali (municipal canalized distribution networks) that serve small communities not reached by the natural gas grid. The technical infrastructure includes bottling plants, storage facilities, and pipeline networks spanning 15 branches and 15 operating units, with 12 large storage and bottling plants including two coastal deposits (Cogoleto in Liguria, Porto Torres in Sardinia). Two manufacturing/production sites are explicitly designated.

The company's product portfolio spans core LPG cylinders and serbatoi (storage tanks), metered distribution systems, the Perfecta line of condensing boilers sold in partnership with Baltur, and electricity and natural gas supply (multi-utility), including the Luce Business service for enterprise customers. Supporting its distribution and utility operations is a digital layer comprising the Area Utenti customer portal and a mobile application enabling bill payment, meter reading, and email invoicing. Sales reach customers through direct owned branches, field agents, toll-free service lines (800 327 327 for LPG emergencies, 800 971 997 for municipal networks, 800 801 810 for energy), and a dealer/referrer program.

Commercially, ButanGas operates a recurring subscription revenue model across LPG and energy contracts with fixed or indexed pricing, time-based fixed rates, and PLACET regulated offers (ARERA-standardized offers with fixed and variable options). Electricity and gas contracts are priced up to 36 months at a fixed rate; a €6/year discount is offered for direct debit and paperless billing. Multi-year contracts on metered systems and municipal networks create moderate customer lock-in. The primary customer segments are residential (Casa) for heating, cooking, and hot water, and business (Azienda) covering SMEs, restaurants, chain shops, warehouses, offices, and industrial facilities. A secondary vertical segment addresses small municipalities seeking organized gas distribution infrastructure. Operationally the company is ISO 9001:2015 certified, compliant with D.Lgs 231/01, GDPR, and an antitrust compliance framework, and is implementing the UNI/PdR 125:2022 Gender Equality Management System.

Name

ButanGas

Legal name

ButanGas S.p.A.

Website

https://butangas.it

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

251–500 employees

Short description

ButanGas is an Italian multi-utility energy distributor founded in 1948, supplying LPG, electricity, and natural gas to residential, business, and municipal customers through 15 branches and 12 storage/bottling plants nationwide, as a subsidiary of Veroniki Holding Group.

Ownership category

akta.pro rank

Product category

LPG Distribution and Energy Utilities

NAICS

Natural Gas Distribution (221210), Utilities (22)

SIC

Pipe Lines (No Natural Gas) (4610), Wholesale-Petroleum Bulk Stations & Terminals (5171), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

LPG Pipeline Transportation (Propane/Butane Mix) (TLAGAEAB)

akta.pro secondary industries

LPG / NGL Terminals (Pressurized/ Refrigerated Gas) (TLAHABAK), Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA), Service Lines & Customer Service Piping (EUAJABAB)

Keywords

• LPG distribution
• Natural gas supply
• Electricity retail
• Energy utilities
• Condensing boilers

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. LPG Distribution: Distribution of LPG (Liquefied Petroleum Gas) through cylinders, tanks, metered systems, and municipal networks to residential and business customers across Italy
2. Electricity and Natural Gas: Multi-utility energy supply including electricity and natural gas for residential and business customers, offered through indexed or fixed-price contracts up to 36 months
3. Boiler Sales and Installation: Sale and installation of high-efficiency condensing boilers through partnership with Baltur, including Perfecta models

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

ButanGas distributes LPG through cylinders, bulk storage tanks, metered single-user and multi-user systems, and municipal pipeline networks to residential, business, and small-municipality customers across Italy. It also retails electricity and natural gas to households and businesses, and supplies high-efficiency Perfecta condensing boilers (via partnership with Baltur) for residential heating and hot water.

Product overview

ButanGas operates as an energy company specializing in LPG (Liquefied Petroleum Gas) distribution throughout Italy, offering a comprehensive portfolio that includes GPL products (cylinders and tanks), metered distribution systems (single-user/multi-user and municipal networks), and extending into electricity and natural gas services. The company serves both residential (Casa) and business (Azienda) segments through 15 branches and 15 operating units nationwide. Digital offerings include a customer portal (Area Utenti) and mobile app for account management. Additionally, ButanGas provides energy efficiency solutions through Baltur partnership condensing boilers (Perfecta series) and maintains an emergency support infrastructure with dedicated phone lines for gas leaks and supply issues.

Differentiator

Problem solved

Functional benefit

Products and services

• GPL (Liquefied Petroleum Gas) ButanGas's primary energy product, supplying LPG for heating, cooking, and powering appliances in residential and commercial settings across Italy.
• Bombole GPL (LPG Cylinders) Portable LPG cylinders for residential and business customers needing on-demand, transportable gas supply.
• Serbatoi GPL (LPG Storage Tanks) Bulk LPG storage tanks for properties requiring larger-volume gas supply, serving individual homes and multi-user configurations.
• Monoutenze e Pluriutenze a Contatore (Metered LPG Systems) Single-user and multi-user metered LPG distribution systems for small towns and apartment buildings not connected to the natural gas network, with pay-per-consumption billing.
• Reti Canalizzate Comunali (Municipal Canalized Distribution Networks)

Quantifiable outcome

• Discount of €6/year for choosing direct debit and paperless billing
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Iren: Italian multi-utility group active in electricity, gas, district heating, and integrated water services across northern and central Italy; competes with ButanGas in gas/electricity and shares multi-utility positioning.
• A2A: Italian multi-utility providing electricity, gas, and energy services to millions of customers; competes with ButanGas's electricity and natural gas lines and represents the scale benchmark in Italian multi-utility retail.
• Engie Italia: Italian arm of global energy major Engie offering electricity and natural gas to retail and business customers; competes with ButanGas in the multi-utility space with far larger group resources.
• Hera Group: Italian multi-utility serving electricity, gas, water, and waste across Emilia-Romagna and beyond; comparable in multi-utility scope and Italian mid-market retail focus.
• Edison Energia: Major Italian electricity and natural gas retailer serving residential and business customers; overlaps with ButanGas's electricity and natural gas offers though without the LPG core.
• Eni (Eni gas e luce): Italian energy major with integrated gas and electricity retail under Plenitude, including LPG operations; competes with ButanGas on multi-utility offers and has far greater scale and capital.

Direct peers

• Liquigas: Italian LPG distributor (cylinders, tanks, metered systems, municipal networks) directly competing with ButanGas across residential and business customers in Italy. Closest head-to-head rival in the domestic LPG market.
• Antargaz (UGI International): European LPG distributor (part of UGI International) operating in France and neighboring markets with cylinders, tanks, and bulk distribution; a pan-European LPG peer comparable to ButanGas's product mix.
• Vitogaz Italy: Italian arm of the European Vitogaz group distributing LPG (cylinders, tanks, metered networks) to households and businesses, competing with ButanGas's core LPG franchise across Italian regions.
• Primagaz (SHV Energy): European LPG distributor owned by SHV Energy with a significant Italian presence; offers cylinders, tanks, and bulk LPG supply directly comparable to ButanGas's portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ButanGasItalia
• LinkedInlinkedin.com/company/butangas

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ButanGas