L'express L'express 1 month ago

Acquisition of 37 Service Stations: Bhunjun Group Approved as Buyer of Engen Mauritius

Acquisition of 37 Service Stations: Bhunjun Group Approved as Buyer of Engen Mauritius

It is confirmed. The Competition Commission of Mauritius (CCM) has approved the major decision by the Bhunjun Group to acquire the operations of Engen Mauritius through its subsidiary, Beta Oil Terminal Ltd (BOTL). This approval follows a lengthy regulatory process that began in May 2024, after the announcement of the acquisition of Engen Ltd in South Africa by Vitol Emerald Bidco (VEB), a subsidiary of the Vitol Group, which is already present in Mauritius through Vivo Energy Mauritius.

However, ...