MOL acquires Czech, Slovak retail assets

MOL Group, Budapest, completed its acquisition from Eni SPA of retail outlets in the Czech Republic and Slovakia.

The group earlier this year acquired Eni’s retail assets in Romania, including 42 service stations, under a 2014 agreement covering the three countries (OGJ Online, Feb. 2, 2015).

The latest acquisition includes 125 service stations in the Czech Republic and 41 in Slovakia. MOL will rebrand the Agip stations mostly to the MOL brand in the Czech Republic and to the Slovnaft brand in Slovakia.

As a result of this deal and a late-2014 acquisition from Lukoil Ceska Republika, MOL now owns 316 service stations in the Czech Republic. In Slovakia it now operates 253 service stations.

The Czech and Slovak acquisitions cover Eni’s wholesale activities and aviation business but exclude its branded wholesale lubricants and specialties.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...