Acquisition of Shell Argentina

Source Press Release
Company Royal Dutch ShellRaizen Energia S.A. 
Tags Asset Deals, Deals, Refinery Project, Refining & Marketing Activities
Date April 24, 2018

RAÍZEN ENERGIA S.A. (“Raízen” or “Company”), in compliance with Instruction 358/02 of the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários), hereby announces that Raízen Combustíveis S.A. and its subsidiary Raízen Argentina Holdings S.A.U., both entities of the Raízen Group of companies, have entered into an agreement for the acquisition of Shell’s Downstream (“DS”) business in Argentina, through the purchase of 100% of the shares issued by Shell Compañía Argentina de Petróleo S.A. and Energina Compañía Argentina de Petróleo S.A. (“Acquired Companies”), all shares held by Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij (“Transaction”). The Acquired Companies operate in Argentina in the petroleum refining business; distribution of fuels; operation of fuel’s sites; manufacturing and trading of automotive and industrial lubricants; and manufacturing and trading of liquefied petroleum gas (LPG), among others.

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