Anwim
Established: 1992
Country: Poland
Region: CEE
Investors: Enterprise Investors
Anwim is Poland's largest independent fuel marketer and owner of the MOYA station network. When Enterprise Investors backed the company in 2018, it operated 180 fuel stations; today, MOYA is the third-largest and fastest-growing chain in Poland with 540 stations.
Working closely with the founders and management, Anwim evolved into a fully integrated player spanning imports, exports, wholesale and retail. The early move into direct fuel imports diversified supply and improved margins in a market dominated by vertically integrated players. The 2022 acquisition of a fleet card provider extended Anwim's reach to over 8,000 stations across Europe. Meanwhile, the Caffe MOYA rollout, an enhanced convenience offering, and investments in electric mobility — with 180 EV chargers expected by the end of 2026 — broadened the proposition beyond fuel. In June 2026, Enterprise Investors and the founders agreed to sell 100% of the company to a consortium of Stonepeak and Energy Equation Partners.
Rafał Pietrasina
CEO - Anwim S.A.
Partnering with Enterprise Investors, we more than tripled our network, quadrupled EBITDA, and built a fully integrated fuel player — while keeping the entrepreneurial spirit MOYA was founded on.
3x
MOYA network to 540 from 180 locations in 2018, now Poland's third-largest and fastest-growing fuel chain
4x+
EBITDA during EI's investment
8,000+
stations in 18 countries through proprietary international fleet card
Key achievements
Tripled the MOYA network from 180 stations (2018) to 540 (March 2026) — Poland's fastest-growing fuel chain.
Transformed Anwim into a fully integrated player across fuel imports, exports, wholesale and retail
Acquired The Fuel Company (2022), establishing a fleet card business accepted at 8,000+ stations in 18 European countries.
Rolled out the Caffe MOYA gastronomy concept and an enhanced convenience retail offering across the network.
Launched MOYA energia (2023): 144 own EV charging points and 5,300+ roaming points by end-2025, targeting 10,000+ points by 2030.
EBITDA more than quadrupled over the investment period.
Funding history
2018 — Enterprise Investors (PEF VIII) initially invested in Anwim, acquiring a significant minority stake.
2020 — EI increased its stake to 66.3%, becoming the majority shareholder, with the founders remaining invested and actively involved.
2026 — PEF VIII and the founders agree to sell 100% of Anwim to a consortium of Stonepeak and Energy Equation Partners (value undisclosed; completion subject to regulatory approvals).
Employment impact
Headcount more than doubled during EI's investment — from around 250 employees at entry to 537 at Anwim by end-2025.
The MOYA network supports hundreds of additional jobs nationwide through 363 franchise and partner stations.
Low staff turnover and high employee satisfaction, underpinned by a stable, long-term employment policy.
Investors
