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Stonepeak, Energy Equation buy Poland’s Anwim fuel chain

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Private‑equity firms Stonepeak and Energy Equation Partners agreed to buy Anwim, Poland’s largest independent fuel marketer that runs the MOYA station network. The acquisition expands the partners’ European fuel‑retail joint venture, valued at a significant price tag, though the figure remains private. Closing is slated for the second half of 2026, pending regulator sign‑off.

Anwim’s 30‑year presence gives the buyers immediate scale in a market dominated by state‑run oil majors. The MOYA chain ranks third nationally in site count, providing a foothold for Stonepeak’s strategy to consolidate fragmented fuel retail assets across Central Europe and strengthen cross‑border supply chains. Analysts note the deal could improve margins through shared logistics and pricing power.

The transaction values Anwim at an undisclosed sum, but the combined entity will control a significant share of Poland’s non‑government fuel outlets. Regulators will scrutinize the purchase for competition concerns, yet the acquisition positions the joint venture to leverage economies of scale and reshape the country’s retail fuel pricing dynamics and could attract foreign investment. Footprint may also improve fuel price transparency for consumers.