THE acquisition of 417 petrol stations in Poland is expected to have a mid-term positive annual Ebitda generation potential of around $70mn for MOL’s consumer services business, MOL said on January 12 after it signed agreements with PKN Orlen and Grupa Lotos on the acquisition for a price of $610mn. The takeover of the petrol stations is “an excellent fit” for the growth strategy of its consumer services business. The purchase “would provide a basis for future growth” in Poland, in which MOL has had a limited presence, it added.
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