Arcano advises the investors of Atenoil on the sale of their Oil&Gas retail platform to ENI
Transaction rationale
Arcano has acted as exclusive financial advisor of the investors of Atenoil on the sale of the Company:
- Atenoil is a privately held company established in 2016. It operates a network of multi-branded 21 service stations throughout Spain distributing motor fuels and related convenience products.
- With this transaction, Eni reinforces its presence in the Iberian landscape within the Oil&Gas.
- ENI's 2024-2027 strategic plan envisages the expansion of its network with more than 300 new premium outlets in strategic areas in Italy and abroad.
Arcano continues to consolidate its experience in the Iberian market, having closed 100+ transactions in Iberia since 2021, positioning itself as a leading advisor of companies in the energy & infrastructure sector.
