Mercuria to acquire Raízen’s Argentina downstream business
- Signed a binding agreement to acquire 100% of Raízen’s downstream and related operations in Argentina, including refining, fuel distribution and associated infrastructure.
- The transaction is subject to customary closing conditions and regulatory approvals.
- Mercuria said it intends to leverage its global expertise and regional experience to support growth of the Argentina business.
- Company committed to continuity for employees, customers, suppliers and partners and to invest responsibly in the platform.
Deal scope
Mercuria signed a binding agreement to acquire 100 percent of Raízen’s downstream and related operations in Argentina, covering refining, fuel distribution and associated infrastructure assets. The transaction remains subject to customary closing conditions and regulatory approvals.
Strategic rationale
Mercuria described the move as a long-term strategic investment to reinforce its presence in Latin America. The company said it views Argentina as an important energy market with strong long-term fundamentals and significant opportunities for operational growth and investment, and intends to leverage its global expertise and regional experience to support the business.
Transition and priorities
Mercuria emphasised continuity and operational reliability during the transition and committed to ensuring continuity for employees, customers, suppliers and partners while investing in the future development of the platform. Further details on closing and integration plans will be communicated in due course.
Source: mercuria.com
