Spain’s CEPSA acquires 100% of share capital of Chevron Espana

02 April 2012 15:48  [Source: ICIS news]

LONDON (ICIS)--CEPSA has acquired 100% of the share capital of Chevron Espana for an undisclosed fee, the Spain-based energy group said on Monday.

The company takes over Chevron’s fuels business in the Canary Islands and its lubricants division in Spain, which includes a lube blending and bottling plant in Valencia.

CEPSA also acquires its aviation fuels supply activities in Spain, Portugal, Gibraltar and in the Balearic Islands.

By: Franco Capaldo
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