2024-03-11 17:32:13
Vienna (OTS) –
Acquisition of AP locations for commercial road traffic in Austria. Acquisition of petrol filling stations in Slovakia
To strengthen its refining and supply chain integration and to improve the coverage of its existing filling station network in key markets in Europe, OMV today announced two acquisitions.
Following the approval of the company’s supervisory board, the acquisition of AP Newco GmbH was agreed. OMV will acquire a gas station network with 9 locations and cooperation agreements for 3 additional locations that serve the commercial road transport (CRT) sector with correspondingly high diesel sales.
The AP locations for commercial road transport are primarily located in Salzburg and Tyrol (Austria), along the heavily frequented transit routes from northwest to southern Europe. The transaction is expected to close in the fourth quarter of 2024, subject to regulatory approvals. Financial details were not disclosed.
In addition, OMV is acquiring 21 gas stations in Slovakia from Benzinol, with an option to acquire a further six gas stations. They are primarily located in western and northern central Slovakia. OMV already operates 105 gas stations in Slovakia and the acquisition will consolidate its position as the second largest player in the local market. The transaction is expected to close in the second quarter of this year, subject to regulatory approvals. Financial details were not disclosed.
By acquiring the AP stations, OMV will strengthen its long-term presence in the CRT market by supplying fuel for long-distance trucks from its nearby refineries in Burghausen (Germany) and Schwechat (Austria). This service will primarily be offered through direct fleet management contracts in the form of fuel cards.
In addition, the new locations in Austria and Slovakia represent an expanded infrastructure platform for OMV’s ongoing efforts to decarbonize the transport sector by offering a range of biofuels, e.g. hydrogenated vegetable oil (HVO100), as well as 2,000 ultra-fast charging stations for e-mobility under the Offer the eMotion brand in the most important European markets by 2030. OMV recently put its first ultra-fast electric charging station for trucks into operation in Völkermarkt (Carinthia) and plans to install a charging infrastructure for trucks on all of the country’s main traffic axes by 2026.
“The transactions announced today strengthen our integrated supply chain around OMV’s key European refineries and enable better refinery utilization. The new locations also act as a catalyst for our mobility strategy, which aims to support our customers in reducing emissions through our second-generation biofuel offering and the introduction of ultra-fast charging stations for e-mobility,” said Martijn van Koten, OMV Executive Vice President Fuels & Feedstock.
OMV operates a strong multi-brand retail network in Central and Eastern Europe (Austria, Czech Republic, Hungary, Slovakia, Bulgaria, Romania, Serbia and Moldova) with around 1,700 gas stations. The wide range of brands in the gas station business extends from the quality brand OMV to the inexpensive automatic gas stations DISKONT and Avanti. OMV’s manned gas stations are multifunctional service centers that offer fuels, lubricants and car washes. In addition, convenience stores stock refreshments, staples and fresh produce.
About OMV Aktiengesellschaft
Our corporate purpose is to reinvent the foundations for sustainable living. OMV is transforming into a leading company for sustainable fuels, chemicals and materials with a key role in the circular economy. Today it operates in the integrated business segments Energy, Fuels & Feedstock and Chemicals & Materials. By gradually transitioning to a low-carbon business, OMV aims to achieve net zero by 2050 at the latest. The company achieved sales of EUR 39 billion in 2023 and employed around 20,600 diverse and talented employees worldwide. OMV shares are traded on the Vienna Stock Exchange (OMV) and as American Depository Receipts (OMVKY) in the USA. Further information on www.omv.com
Questions & Contact:
OMV International Media Relations
Daniel Smith
+43 664 8567515
danielalexander.smith@omv.com
1710214511
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