Poggio Torriana
Società Italiana Gas Liquidi SpA - Vulcan announces the acquisition of two important distribution HUBs located in the Marche region.
The two plants were acquired by Vega Carburanti Spa, a historic company that is now one of Italy's largest independent operators in the distribution of energy products with a network of more than 110 sales outlets spread across Veneto, Friuli Venezia Giulia, Emilia-Romagna, Lombardy and Piedmont.
For Vulcan, this investment represents an important addition to its existing network, helping to strengthen Vulcan's presence in a key region for the Italian transport market.
The acquisition, it is estimated, will bring an increase in the Group's turnover of more than EUR 25 million and the hiring of 12 new employees.
The Fabbri family would like to express its gratitude to the shareholders and directors of Vega Carburanti, Dr. Elisabetta Vianello and Ing. Agostino Apa, and to General Manager Luca Rossi, for the professionalism and cooperation shown throughout the acquisition process.
Here is what he said Giacomo FabbriCEO of Vulcan:
This important acquisition confirms the Group's strategy to consolidate its presence in the two main market segments, wholesale and retail distribution of energy products, through its own assets.
We are convinced that this transaction represents a fundamental step for the future growth and development of the Vulcan Group.