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Cepsa reinforces its presence in the professional transport market with the acquisition of the IS-XXI Station network

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09/25/2020 | 09:00am EDT

25 Sep 2020

  • With this transaction, the company acquires five Service Stations specialized in heavy transportation and a card system that serves more than 6000 customers
  • The stations are located in northern Spain, around the N-1 and N-2, heavy transportation corridors on the routes connecting Portugal, Spain, and France
  • Cepsa is considering installing natural gas vehicle (NGV) refueling points in some of these stations
  • Currently, the company has more than 1,500 Service Stations in Spain that provide service to more than 1.5 million customers, of whom 300,000 are professionals
Cepsa has acquired IS-XXI company, whose purchase includes five Service Stations located in Navarre, Alava, and Gerona, as well as its card system, with coverage in more than 200 Service Stations in Spain and France, and a base of more than 6000 professional clients.

With this acquisition, the energy company has reinforced the range of Service Stations focused on the professional sector and consolidated its presence on the main transport routes of the northern part of the country.

These stations are located in Navarre (Beriain I and II, Villa de los Arcos), Alava (Araia), and Gerona (Vilamalla), around the N-1 and N-2. These are strategic points on the main heavy transportation corridors in the northern part of the peninsula, linking Portugal, Spain, and France.

From Cepsa, Santiago Ruiz, director of the Service Station network, noted that 'this operation allows us to grow and reinforce the presence in the professional market in northern Spain in strategic locations such as on the connection roads between Portugal, Spain, and France, and with a card system 100% focused on truck drivers. At Cepsa, we are committed to a sector that carries out essential work to ensure supply and to the functioning of our economy'.

The Service Stations acquired are focused to meeting the needs of transport professionals and have essential services such as parking, large capacity pumps for a more agile supply, or a store.

Cepsa, providing sustainable mobility solutions

Cepsa continues to diversify its offer and make progress in the energy transition with solutions that promote sustainable mobility among professional and private customers. The company is therefore studying the option to install refueling points for natural gas vehicles (NGV) in one of these stations.

In 2019, Redexis and Cepsa agreed to create the largest refueling station network for liquefied natural gas (LNG) and compressed natural gas (CNG) in Spain, with a projection to reach 80 stations by 2023. The first gas refueling points are already available at the Cepsa Service Station in Puerto Lumbreras, Murcia, and new locations will be added soon.

Currently, Cepsa has more than 1,500 Service Stations in Spain and has more than 1.5 million customers, of whom 300,000 are professionals.
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Disclaimer

CEPSA - Compañía Española de Petróleos SA published this content on 25 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2020 12:59:05 UTC


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