OPET is planning to buy Petrol Ofisi – Turkey, 24 May 2016

Chairman of OPET Petroleum Fikret Ozturk announced that the company is planning to acquire Petrol Ofisi, currently owned by the Austrian OMV Group.
In early 2016. Austrian OMV Group reiterated intentions to sell its retail fuel network in Turkey, operated through company Petrol Ofisi. After French Total last year, OMV is the second large company that will withdraw from Turkish retail fuel market. Petrol Ofisi has the largest retail fuel network in Turkey, comprising of 1,785 petrol stations. OMV Group paid 1.39 billion dollars for 54 % stake in the company in 2010 and over the past six years increased its stake to 96 %.

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