Forecourt Trader - 30 years at the heart of the fuel retailing community
EC approves deal for 1,176 Italian sites by Euro Garages’ parent
Published:  02 August, 2017
Euro Garages logo

The European Commission has approved the acquisition of 1,176 Italian fuel stations by Euro Garages’ parent company Intervias Group.

The deal with Esso Italiana – an ExxonMobil company – includes a long-term branded fuel supply agreement to retain the Esso fuel brand.

The deal was announced in June and was subject to competition authority approval. The Commission concluded that the proposed acquisition would raise no competition concerns, because Intervias and the Esso Italiana fuel stations business are not active in the same member states.

Intervias also owns EFR, which has more than 1,100 sites in Benelux and France.

At the time of the deal, Mohsin Issa, founder and co-CEO, Intervias Group, said: “The Esso brand has a leading presence in Italy and the existing network represents an excellent strategic fit for our business, allowing us to expand our network and reach even more customers with a strong fuel, retail convenience and food-to-go proposition.

“We look forward to strengthening our relationship with Esso and cementing our position as a leading branded wholesale partner across Europe.”

My Account

You are not logged in.
  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 20 January 2020
RegionDieselLPGSuper ULUL
East Midlands132.93141.67128.44
North East131.55139.57126.67
North West132.1066.90140.54127.58
Northern Ireland129.82134.61125.46
South East133.80141.93129.03
South West132.9567.90139.13128.12
West Midlands132.7866.57142.07128.26
Yorkshire & Humber131.9963.90141.14127.34

Most read

As Brexit day finally arrives at the end of January, are you expecting any negative impact on your forecourt business through leaving the EU?

Digital Edition