Enilive, the mobility subsidiary of Italy's Eni, signed a binding agreement on 23 July to buy OIL! Tankstellen GmbH from Prax, adding about 320 service stations in Germany, Denmark, Austria and Switzerland.
Why Enilive (Eni) is buying OIL! Tankstellen GmbH
Enilive said the deal strengthens its position in key markets and expands it into Danish fuel marketing. After completion the OIL! sites will be folded progressively into its network of about 5,300 European stations, which sells HVO renewable diesel from its Venice and Gela biorefineries at around 1,700 sites.
Deal terms and financing
Enilive Deutschland GmbH will acquire 100% of OIL!. Financial terms were not disclosed.
Regulatory approvals and timing
Completion is subject to customary approvals by the relevant authorities. No closing had been announced by mid-October 2026.
Market context
Enilive's network also offers fast and ultra-fast EV charging, developed with Plenitude On The Road, and the Enilive Café format, which has more than 330 outlets in Germany.
