Petrolina (Holdings) Public Limited (PHL) has announced the completion of a €48.6 million deal to acquire ExxonMobil Cyprus .
According to the announcement, this includes the company’s 68 Esso-branded service stations , marking a significant expansion of its operations in the Cypriot market.
On November 27, 2024, PHL confirmed that MED ENERGYWISE LTD, a wholly owned subsidiary, signed an agreement to acquire 100 per cent of ExxonMobil Cyprus Limited (EMCL),