Baker McKenzie advised MOL Group in connection with the landmark acquisition of a 92.25% stake in OMV Slovenija d.o.o.

Baker McKenzie Budapest has advised MOL Group in connection with the landmark acquisition of a 92.25% stake in OMV Slovenija d.o.o.. The agreed purchase price of EUR 301 mn (100% share). The transaction includes 120 service stations across Slovenia under 3 brands: OMV (108); EuroTruck (4); and Avanti / DISKONT (8). MOL Group and INA will become the 100% owner of the wholesale business of the acquired company, as well. The transaction is subject to merger clearance.

With 48 MOL and 5 INA-branded service stations in Slovenia, MOL Group is currently the nr. 3 retail market-player. The transaction fits into MOL's updated long-term strategy for SHAPE TOMORROW 2030+, which places particular emphasis on the development of consumer services.

Baker McKenzie's team was led by Head of Corporate/M&A, Ákos Fehérváry and Senior Attorney, Dániel Orosz, supported by partner Gerhard Hermann and Baker McKenzie's Vienna team, as well as Slovenian counsel Rojs, Peljhan, Prelesnik & Partners, led by partner Gregor Pajek.