Canarian operator Disa, is preparing to make a leap in service stations on the peninsula and become the second Spanish brand that manages the most petrol stations in Portugal.
The company with Canary Islands roots has reached an agreement for the purchase of two companies of the Vápo Group, the conglomerate that manages Kuwait Petroleum's (KPI) petrol stations in the country.
According to the Autoridade da Concorrência – the equivalent of Portugal's CNMC – and has been able to confirm elEconomista.es, Disa is seeking to acquire the Portuguese Fuel Products Trade Company (CPCPC) and the real estate company FavoriteHome, also owned by the Vápo Group.
The closing of the transaction is still subject to obtaining administrative authorization from Portuguese regulators.
CPCPC is dedicated to the provision of services, through the operation of petrol stations and wholesale trade of petroleum products, as well as the marketing and retail sale of newspapers, magazines and stationery, in specialised establishments.
Its main asset is the management of the 56 gas stations of the Q8 brand – of KPI – in the country.
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