Ludoil Energy Inks SPA for ISAB's Priolo Gargallo Refinery
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Ludoil Energy has signed an agreement to acquire a majority stake in ISAB, owner of the Priolo Gargallo refinery in Sicily – Italy’s largest refining complex and one of the Mediterranean’s most strategic energy assets. This phased transaction, subject to regulatory approval, will allow Ludoil to acquire a majority stake before progressing towards full ownership, positioning the group as Italy’s leading private multi-energy company, with activiti…
Ludoil Energy signs agreement to acquire ISAB, creating Italy’s largest privately held multi-energy company
With ISAB, the Ludoil Group takes a decisive step up in scale and industrial scope: spanning power generation, crude oil processing and advanced biofuels MILAN, Italy, May 14, 2026/APO Group/ — A strategically significant transaction for Italy’s industrial and energy sectors, restoring the country’s most important refining complex to Italian ownership. Subject to clearance under Golden Power and antitrust procedures, the acquisition will see I…
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