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Expansion of Retail Business: Formation of a New Company in Mülheim/Ruhr, North Rhine-Westphalia

30.01.2012 - Hamburg:

Effective March 1, 2012, the company Uhlenbruck & Kemmann Energie GmbH will commence business operations under the management of Petronord and Mr. Axel Uhlenbruck. The new company has acquired the retail businesses of the companies Hermann Uhlenbruck Mineralölvertrieb GmbH, Mülheim and Eduard Kemmann GmbH & Co. Mineralölhandel, based in Kaarst. Axel Uhlenbruck will take over operational management of the company.

The transaction is still subject to approval by the Antitrust Regulators.

Hermann Uhlenbruck Mineralölvertrieb GmbH is a long-established regional mineral oil company. In addition to specializing in the conventional heating oil and diesel business, the company is also engaged in the pool stations business with 19 sites as a partner of Tankpool24. Eduard Kemmann GmbH & Co. Mineralölhandel is a strategic distribution partner of ExxonMobil in the lubricants market. The new company will have 24 employees.

Petronord thus continues to expand and diversify its endconsumer business while remaining strongly focused on the regional identity of its investments.

Petronord is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Germany. Under the umbrella of Petronord, 21 retail companies in Germany and Austria are currently active in the heating oil and diesel fuel endconsumer business, the lubricants distribution, the operation of service stations for commercial trucking fleets (“pool stations”) as well as in the trading of bitumen and base oils.

For more information on Petronord, Mabanaft and Marquard & Bahls, please visit www.mabanaft.com and www.mbholding.com.

For media inquiries, please contact:

Gerhard Grambow
Managing Director
Petronord Energie- und
Wärmekonzepte GmbH
+ 49 40 370 04-0
ed.dronortep@wobmarg.drahreg