SOCAR has signed an agreement to acquire 99.82% of the shares of italiana petroli (IP), one of the leading energy companies in Italy, from API Holding. The agreement follows a competitive M&A process, in which SOCAR has been engaged since Q4 2024.
API Holding and SOCAR sign agreement for the sale of the IP Group Read More »
A binding agreement has been signed to acquire all the activities and assets of Esso Italiana related to fuels and refining.Acquired the share in SARPOM Refinery in Trecate (Novara), the Engycalor Energia Calore company, and 12.5% of the joint venture Disma (Malpensa Airport depot).The closing of the operation is scheduled for mid 2023. Rome, December
IP acquires fuels and refining related asset of Esso Italiana. Read More »
Rome, June 14th 2022. IP announces to have entered today into a medium-term facility agreement of EUR 360 million with a six-year term, 70% of which is assisted by a guarantee issued by SACE in accordance with the provisions of the “Sostegni bis” Decree and the SACE protocol.
IP signs a financing agreement guaranteed by Sace Read More »
The api Groups’s IP distribution outlets and the pizza chain have signed an agreement that will see nine new outlets in IP service stations throughout Italy, with Parma being the first to open. The api Group is the leading private player in Italy in the fuel and transport services sector. With a network of 4,600