Primax and Coesti to acquire Ecuador and Peru-based assets of Terpel for $64m.

Primax and Coesti agreed to acquire Ecuador and Peru-based assets of Terpel, a Colombian oil and gas company, for $64m. This decision coincides with Terpel's interest in focusing on businesses with the greatest potential for growth and profitability in each market it operates in. All the operations are subject to the approval of the competent authorities in each country.