PetroCorner

Business Overview

PetroCorner is creating a network of fuel stations with a different value proposition than the one currently existing in the Spanish market, with a significant focus on retail. The aim is to become the 6th largest operator in Spain, and one of the most important independent operators.

Olivo Role

Olivo founded PetroCorner in mid 2012 and raised €250k+ of seed investment in 2013, that allowed Olivo to get the right team and strategy to execute on the idea. In early 2014, PetroCorner got €400m investment from Private Equity Firms to acquire up to 3-5% of the fuel stations market share in Spain.

Category
Investment commitment of €400m to achieve up to 5% of the Spanish Petrol Station / Forecourt market
About This Project