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Vivo Energy

Company Summary

Description

Vivo Energy plc, commonly referred to as Vivo Energy, is a British downstream petroleum company with its headquarters in London. It maintains subsidiaries and operations in 23 countries across Africa that encompass the supply, storage, distribution, and retail of a range of petroleum products.

Website

https://www.vivoenergy.com/

Operational Regions

  • Europe
  • Africa

Recent news

  • 11/29/2021 - Vitol Acquiring Fuel... (subscriber access)

Company Transactions

Date: 12/31/2021
Type: Acquisition

BUYERS:
  • Vitol SA
    • SELLERS:
  • Vivo Energy
    • DETAILS:

    COST: 2.3 $B

    NOTES:
    Vitol has acquired Vivo Energy in a $2.3 billion deal. Vivo's assets include >2,330 service stations across Africa, and shareholders will receive $1.79/share in cash for the deal. Vitol already held a 36.1% stake in Vivo before this deal.
    REGIONS:
  • Africa