Acquisition increases Puma Energy’s Aviation presence at seven airports
Maputo, 16 January 2024 – Leading aviation fuel supplier, Puma Energy Mozambique, completes its acquisition of AirBP’s aviation fuel assets in Mozambique following approval from the Competition Regulation Authority.
The acquisition will boost Puma Energy’s Aviation presence across seven major airports in Mozambique, in line with the company’s strategic ambition to focus growth on high potential downstream markets through prudent investment.
All of AirBP’s assets in Mozambique transferred to Puma Energy Mozambique meaning the company will service customers through facilities and equipment at airports in: Maputo, Beira, Nampula, Tete, Pemba, Quilimane and Vilanculos.
Puma Energy Aviation will continue to invest in training and equipment to ensure airports in Mozambique remain some of the best served in Africa. The facilities will continue to operate to the highest industry IATA and JIG standards. Puma Energy’s commitment to safety, reliability and efficient service will continue.
Twenty-six employees transferred and have been fully onboarded to Puma Energy Aviation as part of the transaction.
Seamus Kilgallon, Head of Puma Energy Aviation said, “We are delighted to have acquired these aviation assets in Mozambique and look forward to growing our business in the country. Airlines around the world know they can trust Puma Energy Aviation’s commitment to reliable supply of high-quality fuels. This acquisition will enable us to extend our offer to more aviation customers in Mozambique. Puma Energy’s strategy is to focus growth on our downstream markets, including aviation and this acquisition is an excellent example of that strategy in action.”
About Puma Energy Puma Energy is a leading global energy business, safely providing energy across six continents. Our downstream business segments include fuels, aviation, lubricants and bitumen. Our purpose is energising communities to help drive growth and prosperity by sustainably serving our customers’ needs in high potential countries around the world.
For further information visit: www.pumaenergy.com