Acquiring Company
SOCAR
Acquired Company
Italiana Petroli S.p.A
Azerbaijan
RomeEnergyOil And GasEnergyOil And GasDescription
The European Commission has approved SOCAR's acquisition of 99.82% of Italiana Petroli shares from API Holding. This deal is significant in the oil supply market but poses no competition concerns. Italiana Petroli operates extensively in Italy with numerous fuel stations and refineries. The agreement was signed on September 23, 2025.
Quick answer
SOCAR is acquiring Italiana Petroli S.p.A, announced February 19, 2026. SOCAR is based in Azerbaijan.
- How much did SOCAR pay for Italiana Petroli S.p.A?
- The deal value was not disclosed.
- What does SOCAR do?
- Azerbaijan’s state oil company SOCAR is actively investing in expanding its energy infrastructure in Switzerland, with significant projects planned for the coming years.
- Where are SOCAR and Italiana Petroli S.p.A based?
- SOCAR is based in Azerbaijan. Italiana Petroli S.p.A is based in Rome, Lazio, Italy.
- Who are the decision-makers at SOCAR?
- Fundz holds 1 contact at SOCAR. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at SOCAR, and when
When SOCAR changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SOCAR raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SOCAR, from your own LinkedIn network
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Fundz sees it the moment SOCAR makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Italiana Petroli S.p.A?
Italiana Petroli S.p.A was acquired by SOCAR, based in Azerbaijan. The deal was reported on February 19, 2026. Azerbaijan’s state oil company SOCAR is actively investing in expanding its energy infrastructure in Switzerland, with significant projects planned for the coming years. SOCAR is privately held and operates in Energy.
When did SOCAR acquire Italiana Petroli S.p.A?
SOCAR's acquisition of Italiana Petroli S.p.A was reported on February 19, 2026. The European Commission has approved SOCAR's acquisition of 99.82% of Italiana Petroli shares from API Holding. This deal is significant in the oil supply market but poses no competition concerns. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Italiana Petroli S.p.A do?
Italiana Petroli S.p.A. is an Italian company involved in the oil and gas sector. It focuses on exploration, production, and the management of energy resources. The company aims to strengthen its positioning in the international energy market. It is privately held, operating in Energy, and is based in Rome.
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