Home Business Rubis spends Sh2.4bn on Gulf Energy, KenolKobil rebranding

Rubis spends Sh2.4bn on Gulf Energy, KenolKobil rebranding

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Business Daily | by Bonface Otieno

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.

“The … expenditure on rebranding, station reconstruction and the refurbishment of distribution equipment in Kenya is in the amount of €19 million (Sh2.4 billion)…

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