Real assets fund manager Stonepeak and Energy Equation Partners (EEP) have expanded their European fuel retail partnership through the acquisition of Poland’s largest independent fuel marketer.

The pair have invested an undisclosed sum to acquire Anwim, a retail and wholesale distributor of fuels with over 540 MOYA stations across Poland.

The transaction extends the European fuel retail joint venture between Stonepeak and EEP, building on last year’s acquisition of a majority stake in JET Tankstellen Deutschland, a fuel retailer across Germany and Austria.

Anthony Borreca, senior managing director and co-head of energy at Stonepeak, said: “Poland continues to exhibit strong, long-term fuel demand, and Anwim is well positioned to meet it, with diversified offerings, an expansive footprint and high-quality infrastructure.

“Leveraging Stonepeak and EEP’s combined expertise in energy infrastructure, the fuel station market and e-mobility, as well as the ability to exchange operational best practices with JET, we believe Anwim will be even better situated to strengthen the MOYA brand and expand its leadership position in today’s dynamic market.”

Sari Haidar, investment partner at Energy Equation Partners, said: “We see strong potential in Anwim and the opportunity to build a leading independent multi-energy platform across Europe.

“Given our presence in European markets and our expertise in energy infrastructure and mobility, we will be able to realise tangible synergies, both in terms of operational know-how, e-mobility development and building modern services for retail customers.”

Rafał Pietrasina, CEO of Anwim, said: “The recent years have been a period of highly dynamic growth and business transformation for Anwim. “Today, we are a strong, modern organisation operating in fuel import, wholesale and retail, while expanding into new areas related to e-mobility and the energy transition.

“Securing strong partners in Stonepeak and EEP who thoroughly understand the specifics of our industry opens up the next stage of development and creates new perspectives for further strengthening MOYA’s market position.”

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