OMV Sells 56 Gas Stations to PKN Orlen

EnergyOil & Gas ♦ Published: November 19, 2010; 00:16 ♦ (Vindobona)

56 gas stations in the German states of Thuringia and Saxony go to a subsidiary of the Polish oil group PKN Orlen.

OMV Sells 56 Gas Stations to PKN Orlen / Picture: © Wikimedia Commons / Mgr.Ing. Jozef Kotulič [CC BY-SA 3.0 (]

OMV has decided on a new buyer, since the time of conclusion of the Federal Cartel Authority’s objection to the acquisition of the service stations by TOTAL was not foreseeable. The transaction still requires approval by the Federal Cartel Authority. Orlen intends to continue operating the stations under its own brand. Both parties made an agreement of non-disclosure of the purchase…