For some time Elaflex petrol station
equipment e.g. Nozzles, Hoses,
Assemblies and Safety Breaks bear
a Data Matrix Code.
After scanning, the new ELAFLEX
'Product ID App' enables the user
to attain technical leaflets and
specifications, certificates and
Especially maintenance companies
benefit from the new App. For further
information please download:
ELAFLEX HIBY Tanktechnik GmbH & Co. KG
Tel. +49 (40) 540 00 50 · Fax +49 (40) 540 05 67
firstname.lastname@example.org · www.elaflex.com
Industry watchdog raises questions
about £1.2 billion retailer merger
The U.K.’s competition regulator has raised some
concerns over Motor Fuel Group’s estimated £1.2
billion deal to buy fellow private equity-backed
British fuel retailer MRH GB Ltd., warning that the
deal could impact some local competition.
The Competition and Markets Authority (CMA)
said in an statement that they had highlighted
more than two dozen locations that could face
price hikes as a result of the proposed merger.
Motor Fuel Group’s chief executive William
Bannister praised the findings: The CMA’s findings
were in line with the expectations of the MFG
board,” he said in a statement.
“MFG has cooperated closely with the CMA to
assist in their analysis and the fact that concerns
have only been identified at 29 locations means
that action can be taken quickly to remedy these
anti-competitive areas of concern.”
The transaction, which was announced in
February, stands to create the top fuel retailer in
the U.K. by number of sites and the second-largest
station operator by fuel volume. Together, the
companies will own more than 900 sites, which
are mostly company-owned and franchisee-operated.
Combined, the companies sold about 3.6
billion litres of fuel last year alone.
First Aldi petrol stations
opened in Germany
German discount retailer, Aldi, has opened their
first fuel stations in Germany.
The two sites in Ludwigsburg and in Stuttgart
Obertürkheim, both in the Baden-Württemberg
region, are part of a pilot plan that will see
10 fuel stations opened in partnership with FE
Trading, a subsidiary of Austrian oil and gas
The pilot scheme, which was announced in
September 2017, comes following a successful
collaboration between the two companies at Aldi’s
Hofer supermarkets in Austria.
The construction and operation of the sites will
be leased to FE Trading and run under the “Clever
Tanken. Avanti.” brand.
“We want to make shopping as practical as possible.
Part of that is helping them with their mobility;”
said a spokesperson for Aldi in a statement.
The fuel stations, much like Aldi’s discount
supermarkets, will focus on keeping fuel costs low.
Aldi’s new project will also include charging
stations for electric vehicles.
PKN Orlen set to secure
full control of Unipetrol
Poland’s largest refiner PKN Orlen is set to
secure full control of its Czech unit Unipetrol
this month, ending years of minority shareholder
disputes and removing one of Prague’s biggest
stocks from the exchange.
Unipetrol shareholders are expected to approve
the forced buyout - or ‘squeeze-out’ - of the
company’s remaining minority shareholders by 94
percent-owner PKN Orlen.
The squeeze-out follows a voluntary buyback
completed in February in which PKN Orlen offered
Unipetrol shareholders 380 crowns a share and
paid 21.4 billion crowns ($953 million) to raise its
stake from 63 percent. The departure of Unipetrol
is a blow for the Prague Stock Exchange, which
will lose its sixth biggest stock and see the number
of listings on the main market fall to eleven.
Turkish firms to bid in
Iraqi petroleum purchase
tender worth $1billion
A number of Turkish companies will attend a
bidding process in Iraq, where the central government
is planning to buy 200,000 tons of petrol
and diesel every three months, according to the
Turkish language daily, Dünya.
The bidding process will eventually include the
purchase of liquid petroleum gas (LPG) as well.
Trade between Turkey and Iraq has been interrupted
many times due to problems in Northern
Iraq with the Kurdistan Regional Government
(KRG). However it has entered a period of revitalisation
with the tender initiated by the Iraqi central
government to purchase 800,000 tons of petrol
and diesel annually. LPG will also be added to that
list and the total purchase could reach $1 billion.