Hasco Invest-backed Comfort Energy to acquire Q8Mazout from Kuwait Petroleum.

Hasco Invest-backed Comfort Energy, a provider of petroleum products, agreed to acquire Q8Mazout, an oil producer and distributor, from Kuwait Petroleum, a company that refines and manufactures petroleum products. Financial terms were not disclosed. "This is a significant geographic expansion for our company. Two thirds of our turnover came from Flanders, while Q8Mazout is strong on the Brussels and Walloon markets. We also buy a competitor from the market," Stefan Baeten, Comfort Energy CEO.