Cosan's (CSAN) Moove Acquires PetroChoice from Golden Gate Capital for $479M
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Moove Acquires PetroChoice from Golden Gate Capital
May 23, 2022 4:48 PM EDTSÃO PAULO & KING OF PRUSSIA, Pa. & SAN FRANCISCO--(BUSINESS WIRE)-- Cosan S.A. (B3:CSAN3; NYSE: CSAN), one of Brazils largest business groups with investments in energy and logistics and revenue of approximately $23 billion, today announced that its subsidiary Moove, a leading global producer and distributor of lubricants and base oils, acquired PetroChoice Lubrication Solutions ("PetroChoice) from Golden Gate Capital for $479 million.
PetroChoice is the largest distributor and manufacturer of value-added lubricant solutions in the United States, delivering approximately 62 million gallons annually to the industrial, commercial, and passenger vehicle customer segments.... More