OMV have announced two acquisitions to strengthen its refinery and supply chain integration and improve the coverage of its existing filling station network in key markets in Europe.
First, it has agreed to acquire AP Newco GmbH following approval from its supervisory board. OMV will acquire a filling station network encompassing nine sites and cooperation contracts for three additional sites, which cater for the commercial road transport (CRT) sector with corresponding high diesel sales.
The commercial road transport AP sites are primarily located in Salzburg and Tyrol, Austria, along the highly frequented transit routes of northwestern to southern Europe. Closing is expected in the fourth quarter of 2024, subject to regulatory approvals. Financial details were not disclosed.
In addition, OMV is acquiring 21 filling stations in Slovakia from Benzinol, with an option to acquire a further six filling stations. They are mainly located in western and northern central Slovakia.
OMV already operates 105 filling stations in Slovakia and the acquisition will confirm its position as the second largest player in the local market. Closing is expected in the second quarter of this year, subject to regulatory approvals. Financial details were not disclosed.
Full story at OMV strengthens supply chain integration in Europe
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