ATENOIL investors have sold its retail oil and gas platform to ENI

ARCANO has acted as exclusive financial advisor of ATENOIL investors on the sale of the company.

Company
Aten Oil, S.L.
Transaction
Sector
Activity
Retailing automotive fuel and other petroleum products
Date
Country
Spain

AtenOil is a privately held company established in 2016. It operates a network of multi-branded 21 service stations throughout Spain (Madrid, Andalusia and Castile-La Mancha), distributing motor fuels and related convenience products

ENI is an Italian multinational oil and gas company that operates across the entire energy supply chain.

With this transaction, Eni reinforces its presence in the Iberian landscape within the oil and gas sector and confirms its 2024-2027 strategic plan, which envisages the expansion of Eni’s service station network with over 300 new premium sales points in strategic areas in Italy and abroad.