Competition authorizes the acquisition of the Art Petrol stations by OMV Petrom

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Competition Council authorized the transaction through which OMV Petrom Marketing takes over the fuel distribution network owned by Art Petrol SRL in Romania. Following this transaction, OMV Petrom will expand its network with 4 units, reaching 558 stations in Romania. The parties have agreed not to disclose the transaction value, OMV Petrom announced.

Through this acquisition, OMV Petrom expands its presence in areas with high commercial potential. „OMV Petrom’s strategy regarding the distribution network aims to optimize the territorial presence and expanding presence in areas with growth potential, such as new residential areas that are developing rapidly, the new ring roads and highways,” said Daniel Ion, OMV Petrom retail manager.

Through this transaction, OMV Petrom took over the entire Art Petrol network, which included eight fuel distribution stations.

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Bogdan Tudorache

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