Zenith Pure Oil completes acquisition in Slovenia
Zenith Pure Oil Plc. hereby informs the capital market participants that today it completed the acquisition of ENI´s Slovenian Downstream business. Zenith Pure Oil and ENI signed a share-purchase agreement last year concerning the takeover of the entire retail network and wholesale business of ENI in Slovenia.
As a result of the acquisition Zenith Pure Oil’s retail network grows by 17 service stations and strengthens the company’s position among the top three retail network operators in the country. The deal complements Zenith Pure Oil’s current local network of 40 stations and the company establishes its retail presence in Ljubljana. Following the closing of the transaction the company expects to consolidate all service stations in the country under the Zenith Pure Oil brand.
For further information, please contact:
Investor Relations: + 36 1 464 1395
facsimile: + 36 1 464 1335