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Australia's largest independent fuel operator Puma Energy has today announced the completion of the acquisition of Queensland's Central Combined Group (“CCG”). The acquisition of CCG, which trades as Fuel Central and Lube Central, will add 18 service stations and five fuel depots throughout Mackay, Gladstone and Emerald to Puma Energy's portfolio. The acquisition will increase Puma Energy's exposure to the growing mining industry fuel market in regional Queensland, and...
Read moreGlobal mid and downstream energy company Puma Energy has today announced the completion of the acquisitions of Ausfuel and Neumann Petroleum. The acquisition of Ausfuel, which completed on Friday 1st March 2013, will add 110 retail sites of Gull, Choice and Peak service stations to Puma Energy's portfolio, as well as 11 depots throughout Western Australia, Northern Territory, Queensland, South Australia and New South Wales. The acquisition of...
Read morePuma Energy, Australia's largest independent fuel operator, will secure a strong foothold into Australia's mining industry with the announcement that it will acquire Queensland's Central Combined Group (“CCG”). CCG, which trades as Fuel Central and Lube Central, is central Queensland’s largest independent fuel marketer with a retail network of 18 service stations and five fuel depots throughout Mackay, Gladstone and Emerald. The acquisition of CCG will increase Puma...
Read moreThe Australian independent fuel market will become stronger today with the announcement that global fuel distributer, Puma Energy, will acquire Ausfuel from Archer Capital to become Australia’s largest independent fuel retailer. The acquisition will bring much needed competition to the market, ensuring Australia’s independent fuel operators can maintain their valuable foothold. The acquisition of Ausfuel, owner of Gull, Choice and Peak service stations, will add 110 retail sites...
Read moreJanuary 23, 2013 - Competition and supply in Australia’s fuel market will receive a much-needed boost with the announcement today that Neumann Petroleum, owner of Matilda and Neumann service stations, is to be acquired by Puma Energy. The agreement is subject to regulatory approvals and procedural consents. Under the deal, which represents Puma Energy’s first investment in Australia, Puma will acquire Neumann Petroleum’s retail portfolio of more than...
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