Puma Energy has announced that it has completed the acquisition of Air BP’s aviation fuel assets in Mozambique, following approval from the Competition Regulatory Authority (ARC). This acquisition aims to strengthen the energy company’s presence in seven major Mozambican airports.
“All of Air BP’s assets in Mozambique have been transferred to Puma Energy Mozambique, which allows the company to serve customers through facilities and equipment at Maputo, Beira, Nampula, Tete, Pemba, Quelimane and Vilankulo airports. As part of the transaction, 26 employees joined the company,” the company said in a statement.
According to the same document, Puma Energy will continue to invest in training and equipment to ensure that Mozambique’s airports remain among the best served in Africa.
“The facilities will continue to operate to the highest industry standards set by the International Air Transport Association (IATA) and the Joint Inspection Group (JIG). Puma Energy remains committed to safety, reliability and efficient service,” the statement said.
For Puma Energy’s managing director, Danilo Neves Correia, this transaction represents another step towards the company’s growth in the country.
“This acquisition will allow us to expand 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,” said Correia, as quoted in the statement.
The Puma Energy group describes itself as a “global energy leader”, supplying “reliably on six continents”, operating in the fuel, aviation, lubricants and bitumen sectors. Puma Energy Aviation, one of the group’s divisions, supplies sustainable Jet A1 aviation fuel and related technical services at more than 115 airports around the world.
