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MOL acquires LBC Tank Terminals for $1.7bn

Jul 01, 2025•16 days ago

Acquiring Company

MOL Group

Acquired Company

LBC Tank Terminals

TurkeyRotterdamOil And GasEnergyLogisticsOil And GasEnergy

Description

MOL Group has completed a $1.7 billion acquisition of LBC Tank Terminals. This takeover is a strategic move for MOL, diversifying its operations into non-shipping businesses. The acquisition enhances MOL’s capabilities in the storage of liquid bulk commodities. This aligns with MOL's goals for growth and sustainability.

Company Information

Company

MOL Group

Location

Turkey

About

MOL Group is a leading integrated oil and gas company in Central and Eastern Europe. It engages in the exploration, production, refining, and distribution of oil and gas. The company is also involved in petrochemical production and retail services. MOL is committed to sustainable development and innovation in the energy sector.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed