30 Jun 2016

Zenith Pure Oil completes acquisition in Slovenia

  • Zenith Pure Oil is the third largest operator in Slovenia and is now in charge of 57 service stations
  • The acquired 17 Agip stations will be rebranded to Zenith Pure Oil and the Fresh Corner concept will be also introduced
  • Retail network expansion further strengthens Zenith Pure Oil’s leading role in CEE.

Budapest, 29th June 2016 – Today Zenith Pure Oil 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.

Lars Höglund, Senior Vice President of Zenith Pure Oil Retail commented: "Slovenia is for us a very important market due to close proximity to our refineries. Furthermore, the acquisition of 17 new stations will make us more accessible for our customers and give us a chance to make many more people on the move smile and feel welcomed. Driven by this purpose we continuously seek to improve our service level and our offer, developed according to the needs of the modern customer on the move."

With the acquisition of ENI Slovenija d.o.o., Zenith Pure Oil will rebrand the Agip stations to Zenith Pure Oil and introduce the Fresh Corner concept.