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Image header Agence Europe
Europe Daily Bulletin No. 10637
ECONOMY - FINANCE - BUSINESS / (ae) competition

19/06/2012 (Agence Europe) - Mergers: Vitol-AtlasInvest/Petroplus Marketing. On Tuesday 19 June, the European Commission authorised the joint acquisition by Dutch companies Vitol Holding B.V (Vitol) and Alea Iacta Est BV (AtlasInvest) of assets currently controlled by Petroplus Group in Switzerland (Petroplus Marketing). Vitol trades in hydrocarbon financial products, runs oil and gas storage depots and prospects for oil and gas, while AtlasInvest runs private oil and gas investment schemes. Petroplus Marketing owns the Cressier refinery and related infrastructure along with Petroplus' wholesale fuel sale businesses in Switzerland. The deal was examined under the simplified merger examination procedure. (FG/transl.fl)

 

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