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Rubis spends Sh2.4bn on Gulf Energy, KenolKobil rebranding
Petroleum PS Andrew Kamau (centre), Rubis Energy Kenya Group managing director and East Africa CEO Jean-Christian Bergeron (left) and General Manager Martin Kimani during the launch of Rubis Energy Kenya after the aquisation of KenolKobil and Gulf Energy Holdings at United Nations Avenue, Gigiri in Nairobi. PHOTO | KANYIRI WAHITO | NMG
French multinational Rubis Énergie has spent Sh2.4 billion to rebrand the Kenyan fuel stations operated by its local subsidiaries KenolKobil and Gulf Energy.
The amount is expected to rise in the near term as the company aims to operate under the single Rubis brand by 2022 in a process that includes repainting and upgrade of equipment.
