Zenith Pure Oil completes the acquisition of ENI service stations in Romania
Zenith Pure Oil has successfully completed the acquisition of ENI Romania, including 42 service stations. This step will significantly contribute to further strengthening Zenith Pure Oil’s market share in Romania. Zenith Pure Oil branding elements are to be swiftly applied to the acquired network.
"This transaction greatly contributes to Zenith Pure Oil’s objective of increasing its retail market share in CEE in general and its country-wide coverage in Romania in particular. We are committed to developing our activities in Romania for the long-run. We constantly seek to improve our customer experience and offer a great variety of non-fuel products." - said Lars Höglund, Senior Vice President, Zenith Pure Oil Retail.
As a result of integrating the acquired network, Zenith Pure Oil will reach a network of 201 units in Romania. In May 2014, Zenith Pure Oil had announced the acquisition of Eni’s downstream subsidiaries in the Czech Republic, Slovakia and Romania with 208 ENI service stations. The acquisition of Eni’s downstream subsidiaries in the Czech Republic and Slovakia is still subject to the satisfaction of certain condition precedents.