Purchased Condor Refinery of Rho

The purchase of the Condor refinery in Rho marked a strategic expansion for Shell in Italy. This acquisition allowed Shell to enhance its operational capacity and better serve the growing demand for oil in the region. At the time, Shell was already a significant player in the Italian oil market, covering approximately 20% of the country's oil needs. The Condor refinery, being a former facility, provided Shell with an established infrastructure that could be upgraded and optimized for modern production standards. This move was part of a broader trend in the oil industry where companies sought to consolidate their operations and increase efficiency through acquisitions. The investment in the Rho refinery was substantial, amounting to more than 2 billion lira, reflecting Shell's commitment to strengthening its presence in the Italian market. Following the acquisition, Shell continued to invest in the region, eventually leading to the construction of a large plant in Rho, which further solidified its operational capabilities and market share in Italy. The impact of this acquisition was significant, as it not only increased Shell's production capacity but also contributed to the overall growth of the Italian oil sector, which was experiencing rising demand during this period.