Esso: set to sell activities in southern France
(CercleFinance.com) - Esso announces that it has begun an information and consultation process with employee representative bodies concerning the sale of its refining and logistics activities in the south of France to Rhône Energies.
This project includes the sale of the Fos-sur-Mer refinery, as well as the Toulouse (Fondeyre) and Villette de Vienne depots. As part of this transaction, 310 employees working at these sites would be transferred to the new Rhône Energies entity.
The proposed transaction will have no impact on Esso's other activities, which will continue to serve the fuel market in the south of France. Subject to customary approvals, it is expected to be completed by the end of 2024.
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