KPC Acquires Belgian Service Stations from Elf/Aquitaine
The Belgian subsidiary of Kuwait Petroleum Corporation (KPC) has acquired 53 company-owned retail service stations from Elf (Belgium). Following this transaction, KPC will have a retail network of over 400 service stations in Belgium. The retail stations taken over from Elf will henceforth operate under the logo and color of Gulf which KPC uses for all its marketing activities in Europe.
Before the sale to KPC, Elf had...