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SacOil to acquire local fuels wholesaler JSE listed SacOil is in talks to acquire a South African fuels wholesaler that owns and operates a substantial fleet of heavy duty tankers, the company announced Thursday.
The SacOil board believes that the proposed acquisition aligns with the company strategy of focusing on cash generating opportunities across the oil and gas value chain and that it will significantly increase the volumes of petroleum products sold by the SacOil group of companies, fake louis vuitton belt amazon while providing SacOil with the opportunity to achieve economies of scale with the recently acquired Afric Oil business.
SacOil in March acquired a 71% interest in Africa Oil Group, one of the largest independent fuel distributors in South Africa.Following this acquisition, louis vuitton shoes kanye SacOil portfolio now comprises production activities in Egypt; exploration in Malawi, Botswana and the Democratic Republic of Congo; a louis vuitton bags for less crude trading allocation with the Nigerian National Petroleum Company; louis vuitton handbags in atlanta and fuel distribution operations in Southern Africa.
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