OMV Strengthens Supply Chain Integration in Europe
OMV has made two acquisitions to strengthen its refinery and supply chain integration and improve the coverage of its existing filling station network in key markets in Europe.
First, it has agreed to acquire AP Newco GmbH following approval from its supervisory board. OMV will acquire a filling station network encompassing nine sites and cooperation contracts for three additional sites, which cater for the commercial road transport (CRT) sector with corresponding high diesel sales.
The commercial road transport AP sites are primarily located in Salzburg and Tyrol, Austria, along the highly frequented transit routes of northwestern to southern Europe. Closing is expected in the fourth quarter of 2024, subject to regulatory approvals. Financial details were not disclosed.
In addition, OMV is acquiring 21 filling stations in Slovakia from Benzinol, with an option to acquire a further six filling stations. They are mainly located in western and northern central Slovakia. OMV already operates 105 filling stations in Slovakia and the acquisition will confirm its position as the second largest player in the local market. Closing is expected in the second quarter of this year, subject to regulatory approvals. Financial details were not disclosed.
Through the acquisition of the AP filling stations, OMV will strengthen its long-term presence in the CRT market, supplying fuel to long-haul trucks from its nearby refineries in Burghausen, Germany, and Schwechat, Austria. This service will be provided mainly through direct fleet management agreements in the form of fuel cards.
Furthermore, the new sites in Austria and Slovakia represent an extended infrastructure platform for OMV’s ongoing efforts to decarbonize the transport sector by offering a range of biofuels e.g., hydrotreated vegetable oil (HVO100), as well as 2,000 ultra-fast chargers for e-mobility under the eMotion brand in key European markets by 2030. OMV recently put into operation its first ultra-fast electric charger for trucks in Völkermarkt, Austria, and plans to have charging infrastructure for trucks installed on all main transport routes in the country by 2026.
“The transactions announced today strengthen our integrated supply chain around OMV’s key European refineries enabling improved refinery utilization rates. The new sites also act as a catalyst for our mobility transformation strategy, which aims at helping our customers reduce emissions through our second-generation biofuels offering and ultra-fast charging e-mobility roll-out,” said Martijn van Koten, OMV Executive Vice President Fuels & Feedstock.
OMV operates a strong multi-brand retail network of approximately 1,700 filling stations in Central and Eastern Europe (Austria, the Czech Republic, Hungary, Slovakia, Bulgaria, Romania, Serbia, and Moldova). The wide range of brands in the filling station business extends from top-quality brand OMV to automated stations DISKONT and Avanti, offering favourable prices. The manned filling stations of OMV are multi-functional service hubs, offering fuels, lubricants, and car wash services. In addition, convenience stores stock refreshments, basic groceries, and fresh products.