Overview

• The binding preliminary agreement was signed on August 11 in Rome between EG Group’s Italian unit and a consortium of Pad Multienergy, Vega Carburanti, Toil, Dilella Invest and Giap.
• The package covers roughly 1,200 Esso-branded outlets—about 6% of Italy’s fuel retail network—originating from EG Italia’s 2018 purchase from ExxonMobil.
• Media reports cite a €425 million deal value linked to around €2 billion in annual turnover, approximately 400 employees and 1.4 billion litres of fuel distributed.
• The transaction must be notified to the Autorità Garante della Concorrenza e del Mercato and could undergo golden-power scrutiny before it can be finalized.
• Consortium leaders say the acquisition will leverage regional synergies, expand convenience and mobility services and support energy-transition investments.