MOL Plc. hereby informs capital market participants that as of today it signed an agreement with Eni International B.V. for the acquisition of the entire share capital of Eni Slovenia doo. The agreement relates to Eni’s entire retail network and its wholesale activities in Slovenia.
The current deal includes 17 Agip branded service stations in Slovenia (including dealer owned sites), which will strengthen MOL’s position among the top three retail network operators in the country. The deal will complement MOL’s current Slovenian network of 40 stations and provides an opportunity to establish our retail presence in Ljubljana.
“We are very glad that with this transaction we are strengthening our position in Slovenia and extending our coverage to the capital, Ljubljana. In the past 18 months we have announced the acquisition of around 450 service stations in the Czech Republic, Hungary, Romania, Slovakia and Slovenia. As a result we are succeeding in significantly increasing our market share and ensuring further overall margin capture for our Downstream business.” – said Ferenc Horváth, Downstream Executive VP, MOL Group.
Closing of the transaction is subject to the fulfilment of certain condition precedents, among others to obtaining an anti-monopoly clearance.
For further information, please contact:
Investor Relations + 36 1 464 1395
facsimile: + 36 1 464 1335