Repsol sells its fuel business in Italy, where it landed in 2004

J. G. N.

Madrid

Updated:

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Repsol has agreed to sell its fuel business in Italy to Tamoil, one of the main operators in the transalpine market. This operation, which includes Repsol’s network of service stations and direct fuel sales business in Italy, is part of the 2021-2025 Strategic Plan of the multi-energy company, which focuses on geographic areas with the greatest competitive advantages.

Repsol entered the service station sector in Italy in 2004 with the acquisition of 45 points of sale, a network that grew especially since 2011. Currently, it is made up of 275 service stations – located mainly in the north of the country, where there is greater activity and economic dynamism -, a figure that places the company as the seventh operator by points of sale and volume.

Repsol’s direct fuel sales business in Italy has more than 1,000 clients, including private, public entities and distribution agencies.

The Italian market has the largest network of service stations in Europe, with around 21,000 points of sale.

After this operation, the Repsol network exceeds 4,600 service stations, distributed among Spain, Peru, Portugal and Mexico.

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