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Acquisition deal of Hydron Energy Company (Gulf)

 

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Acquisition deal of Hydron Energy Company (Gulf)

The Jordan Petroleum Products Marketing Company was fully acquired the Jordan Hydron Energy Company (Gulf) in 2019. The number of Hydron Energy Company stations constitutes 10% of the total number of stations in the Kingdom, as the number of Hydron Energy Company (Gulf) stations owned and leased (an average of 16 years) is 57 stations, all of which bear the international brand (Gulf), which enjoys an excellent commercial reputation and has its own pioneers and customers. Moreover, it has been present in the local market since 2006 and is geographically distributed in important strategic locations, has partnerships with international companies and important local banks, and owns a transportation fleet to deliver diesel to homes and companies. It has a good reputation and customer satisfaction.

Acquisition deal of Hydron Energy Company (Gulf)