France's Esso SAF says it completed the sale of its network of stations to DCC Energy
The sale, valued at 105 million euro, includes the transfer of 272 automated Esso Express stations, of 48 concessions of highway service stations and of about 70 supply contracts with third parties, Esso said.
Esso SAF said in its statement published June 24 that it signed a preliminary accord with DCC Energy France SAS “over the sale of the remainder of its network of service stations.”
“DCC Energy France, via its affiliate Certas Energy France, which will exploit the service stations, this way becomes reseller of the brand and continues to supply Esso fuels at the Esso service stations and Esso Express sites through a long-term supply contract,” the statement said.
“The service stations will keep the brand and will accept payments with the Esso card,” the statement added.
Esso SAF added that it believes that Certas Energy France can best assure the future competitiveness and growth of the assets.
In all of France, the Esso network includes over 610 stations of which about half are automated service stations Esso Express.
