Mabanaft buys service station network in Denmark
OIL! Tankstellen GmbH & Co. KG, a company in the Mabanaft trading group, has signed an agreement to take over the unmanned service station network of A/S Haahr Benzin in Denmark and the transaction is expected to be closed during the second quarter of 2015, the company said.
“The acquisition of the assets provides Mabanaft with a strategic complementation of its retail activities and supports its general European growth strategy,” the company said.
The Mabanaft service station network currently comprises OIL! service stations in Germany, Austria, Switzerland and – operated as a franchise system – in Hungary; automatic filling stations branded “tankpool24”, and Tirex Petrol stations in Moldova. With the addition of the new sites in Denmark, Mabanaft’s European service station network will comprise more than 660 stations.
The Danish network will continue to be operated under the well-known brand Haahr Benzin. Headquartered in Vejle and with the continued support of the existing employee base, plans are in place to further expand the network while maintaining the focus on reliable service and high HSSE standards.
A/S Haahr Benzin, as part of the Haahr Group, is a privately owned operator of unmanned service stations throughout Denmark. The network currently comprises 43 sites and provides a country-wide geographical coverage.
OIL! Tankstellen GmbH & Co. KG is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Germany. Since 1994 OIL! has been operating a continuously growing service station network throughout Germany, Austria and Switzerland with more than 260 service stations, over 210 of them in Germany. OIL! offers customer-oriented services and has positioned itself as an independent brand in the service station business.
Mabanaft GmbH & Co. KG is the trading division of Marquard & Bahls, Germany, a leading independent petroleum company, privately owned. The business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, heating-oil retail, lubricants and biofuels.
