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The Nexus
BUSINESSJul 20 · 17:06 UTCTHE RIO TIMESFlorencia Belén Ruiz

Terpel Ecuador Exits Retail Fuel in US$64 Million Sale

Colombian fuel company Terpel sold its Ecuadorian retail fuel network to Primax for US$64 million as part of a regional divestment strategy to focus on higher-margin lubricants and aviation fuel.

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TerpelorganizationEcuadorplacePrimaxorganizationretail fueltopiclubricantstopicaviation fueltopic
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