Press Releases

Hamburg
November 14, 2013

Expansion of Retail Business: Acquisition of ZIEGLMEIER Energie GmbH, Schrobenhausen

Effective January 2, 2014, ZIEGLMEIER Energie GmbH, Schrobenhausen (Bavaria) will commence business operations under the management of Petronord. The company is active in the distribution of wood pellets and the retail business for heating oil, diesel, fuels, lubricants, and natural gas. Zieglmeier GmbH & Co. KG’s service station business will remain under the ownership of Nico Zieglmeier.

The transaction is subject to approval by the Antitrust Regulators.

The activities of ZIEGLMEIER Energie GmbH comprise the distribution of wood pellets and the retail business of the long-established regional oil trading company Zieglmeier GmbH & Co. KG. Following the restructuring of its activities, ZIEGLMEIER Energie GmbH will employ 23 people in its retail business. Nico Zieglmeier will actively accompany the business transition in his position as Managing Director.

With this step, Petronord continues the expansion and diversification of its retail business while retaining a strong focus on the regional identity of fellow partners.


Petronord
is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Germany. Under the umbrella of Petronord, 23 retail companies in Germany and Austria are currently active in the heating oil and diesel fuel end-consumer business, the lubricants distribution, the operation of service stations for commercial trucking fleets ("pool stations") as well as in the trading of bitumen, wood pellets, and natural gas.
www.petronord.de
www.mabanaft.com
www.marquard-bahls.com

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