The Parallel gas station chain owned by Alexander Dubinin may acquire two gas station chains, Motto and Prime, in 2024. This information was received from the owner of one of the fuel networks and Alexander Melnichuk, director of strategic marketing and innovation at BRSM-Neft.
According to sources, the agreements are still at an early stage and should be closed during 2024.
It is known that Parallel has not yet submitted a request for concentration to the Antimonopoly Committee (AMCU).
According to the specialized publication Enkorr, from November 1, Parallel agreed with Motto only on fuel supplies.
Director of the A-95 consulting group Sergei Kuyun estimates the cost of one Motto gas station at an average of $300 thousand - 400 thousand, and the entire network - up to $30 million.
The Prime network specializes in selling fuel to trucks, not to car owners. Kuyun values the Prime network at up to $3 million.
The Parallel gas station network in the Donetsk, Lugansk, Zaporozhye regions and Crimea previously belonged to Rinat Akhmetov’s SCM. Before the war, the network consisted of 140 gas stations, but due to the occupation of Donbass and Crimea by Russia, it lost 80 gas stations. At the end of 2020, Parallel was bought by Alexander Dubinin with his own and borrowed funds.
