Oel Pool completed the acquisition of the retail and supply chain business of BP.

Oel Pool, part of the petroleum and petroleum products merchant wholesalers industry, completed the acquisition of the retail and supply chain business of BP, an oil and petrochemical company. Financial terms were not disclosed. “The propellant and fuel market is declining in Switzerland. Therefore, mergers with the resulting synergies are the logical consequence: With this merger, a solid financial position and a dynamic corporate culture, our company is very well positioned and also has enough resources to shape the future of the Swiss energy market and to create a new, CO 2 -free one Invest energies,” Ramon Werner, Oel Pool CEO.