Crodux LPG has been acquired by Petrol Group
The private shareholders of Crodux LPG have sold the company to Petrol Group.
Crodux LPG is part of the leading Croatian energy group Crodux. The company distributes around 25,000 tons of LPG annually, with a product mix consisting of auto gas, cylinders and bulk LPG. With a full in-house logistic system and its own transportation fleet, Crodux LPG’s operations are organized around four modern terminals across Croatia with total capacity of 7,000 m³ and a distribution center.
Petrol Group is a Slovenian oil distribution company, controlling 520 petrol stations. It is one of the largest in Slovenia and the former Yugoslavia. The company's main business activity is trading in oil derivatives, gas and other energy products, which generates more than 80 percent of its revenue, with a leading market share in the Slovenian market. Petrol also trades with consumer goods and services, which generates just under 20 percent of its revenue.
Oaklins' team in Croatia advised the seller in this transaction.
Talk to the deal team
Related deals
Tenten Solar has been acquired by Smile Invest
Smile Invest has acquired a majority stake in Tenten Solar. Together, both companies will be able to broaden their offering of renewable energy solutions and accelerate the energy transition in Europe.
Learn moreAPSolar has been acquired by Green & Durable Group
Green & Durable Group has acquired a majority stake in APSolar. With this acquisition, Green & Durable Group strengthens its position in the field of sustainable energy in the Netherlands.
Learn moreLitecad has been acquired by The Specialist Group
Litecad, the Netherlands-based engineering firm and provider of technical secondment services, has been acquired by The Specialist Group (TSG), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences. Together, TSG and Litecad will continue supporting clients in their transition towards new energy and sustainable operations.
Learn more