Mabanaft Acquires A/S Haahr Benzin Service Station Network, Denmark

May 2015

Mabanaft Acquires A/S Haahr Benzin Service Station Network, Denmark

OIL! Tankstellen GmbH & Co. KG, a company in the Mabanaft trading group, takes over the A/S Haahr Benzin network of unmanned service stations in Denmark. With the commencement of business operations in May 28, 2015, Haahr operates gasoline service stations at currently 43 locations across Denmark, ensuring a comprehensive supply network.

The acquisition of the network provides Mabanaft with a strategic extension of its retail activities and supports its general European growth strategy. The Mabanaft service station network currently comprises OIL! service stations in Germany, Austria, Switzerland, stations operated as a franchise system in Hungary, automatic filling stations branded “tankpool24,” and the Tirex Petrol stations in Moldova. With the addition of the new sites in Denmark, Mabanaft’s European service station network comprises more than 660 stations.

The Danish network continues to be operated under the well-known brand Haahr Benzin.