Aramco acquires Esmax, enters Latin America’s retail market

Aramco acquires Esmax, enters Latin America’s retail market

Saudi Aramco agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity company.     Esmax is a leading diversified downstream fuels and lubricants retailer in Chile. Its national presence includes   retail fuel stations, airport operations, fuel distribution terminals and a