Coral A.E. is a prominent player in the Greek energy industry and is a leading force in the market with approximately 800 retail stations operating under the Shell brand, boasting a substantial market share of around 20%. The company's roots trace back to 1926 and it has a rich history of operations in Greece. Its core activities revolve around the distribution and marketing of a diverse array of oil products, encompassing gasoline, fuel oil, diesel, and lubricants through its extensive retail network. Additionally, Coral A.E. is involved in industrial, commercial, marine, and chemical sectors, showcasing a broad range of operations.
Notably, Coral A.E. has key investments in a variety of associated companies, holding a 100% stake in Ermis A.E.M.E.E and Myrtea A.E., which manage retail sites, as well as a 37.49% interest in RAPI A.E., a company that oversees oil depots. Moreover, the company has a 49% stake in Shell & MOH Aviation Fuels A.E., a joint venture focused on the marketing and supply of aviation fuels under the Shell trademark in Greece. These strategic partnerships and investments underscore Coral A.E.'s multifaceted presence and influence within the energy and oil industry in Greece.
By being at the forefront of the energy, supply chain, and oil and gas sectors in Greece, Coral A.E. presents an intriguing investment opportunity for venture capital firms looking to expand their portfolio in the European energy market. With its longstanding history, strong market position, and diverse operations, Coral A.E. offers a compelling proposition for investors seeking to tap into the thriving energy landscape of Greece.
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