RUBIS TO BUILD UP ITS FUEL DISTRIBUTION ACTIVITY IN CORSICA
03 Octobre 2017 - 05:35PM
3 October 2017, 5:35 p.m.
Rubis has signed an agreement to
purchase from EG Retail (France) SAS (previously EFR France) its
fuel distribution business based in Corsica as well as the
associated logistics.
EG Group is a specialist fuel
marketer present across Europe strong of 2,700 petrol gas stations
generating a turnover of €6bn.
The transaction will include:
-
market distribution rights in Corsica operating
currently under the BP brand, through 17 distributor agreements
offering Rubis the leading market position with a 64 petrol gas
stations;
-
share transfer of 21.5% of DPLC - the company
controlling the Ajaccio and Bastia depots - bringing Rubis' holding
at 75%;
-
"Go the easy way" Corsica petrol card
customers.
The petrol gas stations network
will gradually shift to ViTO©, Rubis
Corsica visual identity by the end of the transition period.
This acquisition is perfectly in
line with Rubis' strategy to seize all opportunities to build up
its positions.
This additional business along
with the expected synergies will positively contribute to Rubis
profitability as soon as the transaction is completed by end
October.
Next event:
Third-quarter revenue on 9 November
2017 (after market close)
Media
contact |
Analyst contact |
PUBLICIS CONSULTANTS -
Aurélie Gabrieli |
RUBIS - Investor
Relations |
Tel: +33 (0)1 44 82 48
33 |
Tel: +33 (0)1 44 17 95
95 |
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information contained therein.
Source: RUBIS via Globenewswire
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