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MOL Magyar Olaj- es Gazipari Nyrt agrees acquisition of Eni SpA subsidiaries in Czech Republic, Slovakia and Romania, including 208 service stations

Wednesday, 7 May 2014 04:16am EDT 

MOL Magyar Olaj- es Gazipari Nyrt:Signs a set of agreements with Eni SpA relating to the acquisition of three Eni subsidiaries including primarily their 208 Agip branded service stations and wholesale activities in the Czech Republic, Slovakia and Romania.MOL has also signed an agreement to purchase Eni’s stake in Ceska Rafinerska, which is however has to be offered first to Unipetrol based on its pre-emption right.By the integration of these networks MOL realizes pronounced wholesale and retail synergies and cost optimization.The current acquisition also includes the acquisition of Eni’s wholesale businesses and headquarters with employees in the three countries. 

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