Petrol completed the acquisition of Crodux Derivati for $217m.

Petrol, a Slovenia-based energy company, which provides oil and other energy products, completed the acquisition of Crodux Derivati, a supplier of petroleum products and motor fuels, for $217m. “We firmly believe that employees are the heart of every company and together, we will not only be larger but also stronger and better. By connecting two strong brands we will offer the best of both to customers, employees and shareholders. As the leading partner in the energy transition, we will continue to build a forward-looking ecosystem of sustainable and, most of all, modern and digitalised solutions. We plan to transfer best practices, thereby becoming the leading provider of fuels and sustainable energy solutions in Croatia by 2025. With today’s acquisition, Croatia has become our second home,” Nada Drobne Popović, Petrol President of the Management Board.