Ballenoil, the automatic fuel station chain in Spain, saw a 31% increase in fuel sales and a 22% increase in refuelings in 2023. This growth was made possible by adding 41 new service stations to its network, bringing the total to 233 operational gas stations.
Additionally, Ballenoil has over 110 projects signed in various areas of Spain, with some expected to open in the first quarter of 2024.
Spanish MOC Cepsa recently agreed to acquire Ballenoil’s network of stations, with the goal of reaching 500 service stations by 2027. This acquisition will focus on reinforcing electric recharging and incorporating the sale of biofuels into its facilities.
The increase in fuel sales and refuelings is a positive sign for Ballenoil, indicating growth and expansion in the market. With the addition of new service stations and ongoing projects, the company is on track to meet its goals for the coming years.
The partnership with Cepsa also presents opportunities for Ballenoil to enhance its offerings, such as electric recharging and biofuels. This aligns with the growing demand for sustainable and environmentally friendly fuel options.
Overall, Ballenoil’s performance in 2023 reflects a strong position in the market and a commitment to meeting the evolving needs of consumers. With continued growth and strategic partnerships, the company is poised for further success in the future.
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