Rubis to expand fuel distribution in Corsica with EG Retail acquisition
Rubis has agreed to purchase EG Retail’s fuel distribution business and associated assets in the French island Corsica, according to a company release.
The acquisition, set to be completed by the end of October, will add 64 gas stations, depots in Ajaccio and Bastia, and “Go the easy way” Corsica petrol card customers.
The transaction includes market distribution rights in Corsica operating currently under the BP brand, through 17 distributor agreements and making Rubis the leading fuel retailer in the island.
The petrol station network will be rebranded into ViTO, Rubis Corsica’s visual identity, by the end of the transition period.
EG Group is a specialist fuel marketer present across Europe strong of 2,700 petrol gas stations generating a turnover of €6 billion.
