MOL Group completes acquisition in Slovenia
- MOL Group is the third largest operator in Slovenia and is now in charge of 57 service stations
- The acquired 17 Agip stations will be rebranded to MOL and the Fresh Corner concept will be also introduced
- Retail network expansion further strengthens MOL Group’s leading role in CEE.
Budapest, 29th June 2016 – Today MOL Group completed the acquisition of ENI´s Slovenian Downstream business. MOL and ENI signed a share-purchase agreement last year concerning the takeover of the entire retail network and wholesale business of ENI in Slovenia.
As a result of the acquisition MOL’s retail network grows by 17 service stations and strengthens the company’s position among the top three retail network operators in the country. The deal complements MOL’s current local network of 40 stations and the company establishes its retail presence in Ljubljana. Following the closing of the transaction the company expects to consolidate all service stations in the country under the MOL brand.
Lars Höglund, Senior Vice President of MOL Group Retail commented: "Slovenia is for us a very important market due to close proximity to our refineries. Furthermore, the acquisition of 17 new stations will make us more accessible for our customers and give us a chance to make many more people on the move smile and feel welcomed. Driven by this purpose we continuously seek to improve our service level and our offer, developed according to the needs of the modern customer on the move."
With the acquisition of ENI Slovenija d.o.o., MOL Group will rebrand the Agip stations to MOL and introduce the Fresh Corner concept.