Enilive Iberia expands retail network with Atenoil acquisition
Photo courtesy of Atenoil

Enilive Iberia expands retail network with Atenoil acquisition

Enilive Iberia, a subsidiary of Enilive operating in the Iberian Peninsula, has announced the successful acquisition of Atenoil, a prominent company in the service station sector. The transaction, which has received the necessary approvals from relevant authorities, involves the purchase of 100% of Atenoil’s shares and includes 21 service stations located in Madrid, Andalusia, and Castilla-La Mancha, Spain.

With this acquisition, Enilive Iberia’s network will grow to a total of 38 service stations across Spain, enhancing its market presence and extending its reach into new provinces. This move aligns with Enilive’s strategic objectives to strengthen its position in the Iberian Peninsula and support sustainable mobility.

Expanding services and sustainable offerings

In line with Enilive’s commitment to sustainable development, the newly acquired service stations will offer a range of eco-friendly products and services. Traditional fuels and lubricants will be complemented by innovative biofuels made from 100% renewable raw materials, such as HVOlution, a hydrotreated vegetable oil (HVO) diesel. Eni, Enilive’s parent company, is the second-largest European producer of HVO diesel.

Additionally, the stations will feature fast and ultra-fast electric charging points provided by Plenitude, an Eni subsidiary. Customers will also benefit from other mobility-related services, including catering, convenience stores, and the Multicard Routex professional fuel card. Enilive Iberia has also introduced Eni Cafés, a new catering format with a strong presence across Europe.

Strategic growth and market position

Davide Calabrò, chairman and CEO of Enilive Iberia, expressed his satisfaction with the acquisition: “With this acquisition, three years after our return to the Spanish retail market, Enilive Iberia has reaffirmed its development objectives and is now an important player in the energy transition of the Iberian Peninsula.”

The acquisition of Atenoil is a key component of Eni’s strategic plan for 2024-2027, which aims to expand the Enilive service station network to include more than 300 premium locations in strategic areas both in Italy and internationally.