# Wolftank Group acquires 50% stake in Mares Srl from Kuwait Petroleum Italia

Wolftank Group signed an agreement to acquire a 50 percent stake in Mares Srl, a subsidiary of Kuwait Petroleum Italia, to form a joint venture for developing LNG and hydrogen refueling infrastructure in Europe.

- Type: Acquisition
- Announced: 2021-12-28
- Where: Italy
- Status: announced
- Products: LNG refueling facilities, hydrogen refueling facilities
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Wolftank Group](https://endata.com/companies/59962.md) (acquirer)
- [Kuwait Petroleum Italia](https://endata.com/companies/59963.md) (partner)
- [Mares Srl](https://endata.com/companies/59964.md) (target)

## Sources

- [wolftankgroup.com](https://wolftankgroup.com/corporate-news/wolftank-group-and-kuwait-petroleum-italia-plan-to-develop-future-european-infrastructure-for-climate-neutral-mobility-2/), 2021-12-28: "Wolftank and Mares complement each other perfectly."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
