Announced
Synopsis
UNO Corp, a Latin American energy company engaged in fuel retail, storage and distribution, and aviation fuel supply, agreed to acquire a 80% stake in Primax Peru and Ecuador, a fuel distribution company operating fuel retail, distribution and lubricant sales, from Grupo Romero, a Peruvian diversified conglomerate with operations in energy, logistics, and financial services. Financial terms are not disclosed. This transaction represents an important milestone in the fuel distribution sector in the region, strengthening Grupo UNO’s regional capacity and presence, and laying the foundation to accelerate the sustainable growth of its business.
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