OMV strengthens provide chain integration in Europe – Biofuel.
OMV introduced two acquisitions to strengthen its refinery and provide chain integration and enhance the protection of its present filling station community in key markets in Europe.
First, it has agreed to accumulate AP Newco GmbH following approval from its supervisory board. OMV will purchase a filling station community encompassing 9 websites and cooperation contracts for 3 extra websites, which cater for the business highway transport (CRT) sector with corresponding excessive diesel gross sales.
The business highway transport AP websites are primarily situated in Salzburg and Tyrol, Austria, alongside the extremely frequented transit routes of northwestern to southern Europe. Closing is anticipated within the fourth quarter of 2024, topic to regulatory approvals. Monetary particulars weren’t disclosed.
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As well as, OMV is buying 21 filling stations in Slovakia from Benzinol, with an possibility to accumulate an extra six filling stations. They’re primarily situated in western and northern central Slovakia. OMV already operates 105 filling stations in Slovakia and the acquisition will verify its place because the second largest participant within the native market. Closing is anticipated within the second quarter of this yr, topic to regulatory approvals. Monetary particulars weren’t disclosed.
By means of the acquisition of the AP filling stations, OMV will strengthen its long-term presence within the CRT market, supplying gas to long-haul vans from its close by refineries in Burghausen, Germany, and Schwechat, Austria. This service might be offered primarily via direct fleet administration agreements within the type of gas playing cards.
Moreover, the brand new websites in Austria and Slovakia characterize an prolonged infrastructure platform for OMV’s ongoing efforts to decarbonize the transport sector by providing a variety of biofuels e.g., hydrotreated vegetable oil (HVO100), in addition to 2,000 ultra-fast chargers for e-mobility below the eMotion model in key European markets by 2030. OMV just lately put into operation its first ultra-fast electrical charger for vans in Völkermarkt, Austria, and plans to have charging infrastructure for vans put in on all predominant transport routes within the nation by 2026.
Martijn van Koten, OMV Government Vice President Fuels & Feedstock mentioned:
The transactions introduced at present strengthen our built-in provide chain round OMV’s key European refineries enabling improved refinery utilization charges.
“The brand new websites additionally act as a catalyst for our mobility transformation technique, which goals at serving to our prospects scale back emissions via our second-generation biofuels providing and ultra-fast charging e-mobility roll-out.”
OMV operates a powerful multi-brand retail community of roughly 1,700 filling stations in Central and Japanese Europe (Austria, the Czech Republic, Hungary, Slovakia, Bulgaria, Romania, Serbia, and Moldova). The wide selection of manufacturers within the filling station enterprise extends from top-quality model OMV to automated stations DISKONT and Avanti, providing favorable costs.
The manned filling stations of OMV are multi-functional service hubs, providing fuels, lubricants, and automotive wash providers. As well as, comfort shops inventory refreshments, fundamental groceries, and recent merchandise.
About OMV Aktiengesellschaft
At OMV, we’re re-inventing necessities for sustainable dwelling. OMV is transitioning to turn into a number one sustainable fuels, chemical substances and supplies firm with a concentrate on round economic system options, whereas working at present throughout three built-in enterprise segments of Vitality, Fuels & Feedstock, and Chemical substances & Supplies.
By progressively switching over to low-carbon companies, OMV is striving to attain web zero by newest 2050. The corporate achieved revenues of EUR 39 billion in 2023 with a various and gifted workforce of round 20,600 workers worldwide. OMV shares are traded on the Vienna Inventory Change (OMV) and as American Depository Receipts (OMVKY) within the U.S. Additional info at www.omv.com
Highlights:
- Acquisition of AP websites in Austria for Business Highway Transport
- Acquisition of filling stations in Slovakia from Benzinol
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OMV strengthens provide chain integration in Europe, March 11, 2024
