Browse through our Interesting Nodes for Industrial Services in Greece Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923)
HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Wednesday, 4 December 2024
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens News Agency: News in English, 09-09-24

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Motor Oil buys Shell's storage, distribution

  • [01] Motor Oil buys Shell's storage, distribution

    Motor Oil -a Greek-listed refinery- on Thursday announced the acquisition of Shellās petrol station network in Greece, along with a series of the oil giantās assets in the country, for 291.1 million euros.

    Under the agreement, Motor Oil will buy from Shell Overseas Holding Ltd its around 700 petrol stations, fuel storage facilities (located in six Greek cities), its lubricants manufacturing facilities in Perama, storage and distribution of chemicals and 49 pct of aircraft fuel activities (Shell Oversease Holdings Ltd will maintain the remaining 51 pct stake). Under the deal, Motor Oil will maintain Shellās brand on its petrol stations for a period of at least five years.

    Motor Oil will pay an additional 26.5 million euros to buy Shell Gas (LPG) Holdings BV.

    Meanwhile, Petros Petropoulos AEBE announced it will buy Shellās lubricants activities for around 14 million euros.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2023 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Thursday, 24 September 2009 - 18:30:48 UTC