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Switzerland's Klesch to acquire Petroplus refineries

January 31/2012

(klesch) -- The Klesch Group is interested in acquiring the Petroplus refineries in Petit-Couronne, France, in Coryton in the UK and Ingolstadt in Germany, founder of the group Gary Klesch said on Friday.

Petroplus filed for insolvency on Wednesday after it was unable to reach an agreement with its lenders and unable to continue to fund its subsidiaries.

Last week, Petroplus had announced plans to sell its refinery in Petit Couronne, France, and said it was evaluating the potential sale of its refineries in Switzerland and Belgium.

Founded in 1990 and headquartered in Geneva, the family-owned Klesch Group is one of Europe"s leading operators of industrial and commodity-related business.

With combined revenue in excess of USD5 billion, The Klesch Group employs more than 3,000 people across four principal business units with locations in Germany, The Netherlands, Russia, Switzerland and the United Kingdom.

Author:Anna Larionova
Category:General News
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