Europe, company mergers: BP and Shell gain market ascendency in Germany. Stephen Brooks. Petroleum Review, Retail Marketing Survey, March 2002, pp 27-29.
The focus of large-scale corporate transaction activity in the European downstream oil sector during 2001 was Germany, where four of the current six principle domestic refiners/marketers - Shell, RWE-DEA, BP and Veba Oel - are merging into two larger rival groups. Stephen Brooks, Principle Consultant-Downstream Oil at Wood Mackenzie, reports.