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Vitol and Helios acquire Vivo Energy

Vitol Africa has acquired Shell’s 20 per cent shareholding in Vivo Energy, meaning that the firm, in conjunction with funds advised by Helios Investment Partners, now owns 100 per cent of Vivo Energy. 

Vivo Energy, the company behind the Shell brand in Africa, was created by Helios, Vitol and Shell in 2011 when Shell divested its majority share in its downstream operations in 14 African markets.
 
Since then, its shareholders have made significant investments in people and assets, expanding the retail network from 1,300 to 1,780+ stations, its presence to 16 countries and enhancing its industry-leading operational and safety performance.
 
Vivo Energy will continue to operate under the Shell brand.

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