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Exxonmobil de Colombia SA had pbaded the control of an independent patrimony which was headed by a trustee
Johnny Giraldo López – [email protected]
After the Superintendence of Industry and Commerce (SIC) clarified that for Terpel to take over the badets of Exxonmobil had to leave several business units or a portion of its badets, he was informed by a statement that Exxonmobil bought The lubricants plant that Terpel has in Bucaramanga. 19659004] The transaction, valued at US $ 12.4 million, also included the sale of contracts in the industrial sector and the Maxter and Maxter Progresa brands, which belonged to Terpel.
The transaction, Carlos Noack Duran, president of Exxonmobil of Colombia SA, said: "We will take this new factory to operational excellence that has always characterized us, with the objective of & dquo; To have high quality lubrication products for our consumers.The integration of lubricants into the existing fuel operation undoubtedly strengthens our market proposition and greatly increases the competitiveness of the fuel. company. "
Terpel Organization will be the new responsible for the production and marketing of Mobil lubricants in Colombia after the acquisition of the badets that it has brought to Exxonmobil, announced since 2016. Terpel s & # 39; expects to have a market share of more than 15% in the lubricants market over the next three years.
Exxonmobil de Colombia had pbaded the control of an independent patrimony which was directed by a trustee whose aim was to comply with the regulations imposed by the SIC
In addition to the lubricants, Terpel will take over the network of 740 Esso and Mobil service stations with 12 terminals located in the country.
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