Circle Gas announces investment by Marubeni Corporation

We are pleased to announce an investment by Marubeni Corporation, a global integrated trading and investment business conglomerate based in Japan with a public market capitalisation of over $16 billion and 133 branches and offices around the world.

The investment will be used to expand Circle Gas clean cooking services to more households in East Africa and beyond.

Volker Schultz, our CEO, said ‘Marubeni is an ideal strategic investor in Circle Gas, with its global footprint and extensive experience in supply and distribution of natural gas and LPG, and track record in infrastructure and related services. We look forward to working closely with the Marubeni team and believe this close collaboration will significantly accelerate the company’s growth. We believe we have a shared vision for expanding vital access to clean cooking and the important health, climate, and gender benefits that it brings’.

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In the News

Announcement of additions to Circle Gas Executive Team

We are pleased to announce that over the last 6 months Circle Gas has undergone a global search to put together an executive team with the right skill sets and experience that will enable Circle Gas to meet the challenges and opportunities to scale its business to a global level.

Announcement of the resignation of Circle Gas CEO Volker Schultz

It is with regret we announce the resignation for personal reasons of Volker Schultz as CEO of Circle Gas. Volker has led the group for the last 3 years. He led the launch of our business in Kenya in 2020 which has grown to over 1,200 employees and 250,000 customer households.

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