Lukoil said on February 27 that it has bought 18 filling stations mainly in central and southern Netherlands from Auto Maas, a Dutch filling station operator, because it is part of the plans to “further expand its presence” in that country.
“With this takeover in South Holland and North Brabant, Lukoil now further expands its filling station network in the Netherlands from 58 to 76 filling stations. In the Benelux, this means an expansion from 250 to 268 stations. In addition, the acquisition provides the geographical connection between the previous acquisitions of Lukoil in Limburg and central Netherlands,” Lukoil said.
LUKOIL entered the Dutch filling station market in 2012.
In 2009, it bought a 45% stake in Zeeland Refinery in Vlissingen. In April 2012 it acquired the filling station network of SmeetsGeelen .
In December 2013, the filling stations of Rotonde Olie and Rotonde Tankstations were taken over. With the acquired stations, mainly located in the central and southern parts of the Netherlands, Lukoil intends to further expand its presence in the Dutch filling station and fuel market.