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    Home»Mergers & Acquisitions»Moove acquires PetroChoice from Golden Gate Capital in £479m deal
    Mergers & Acquisitions

    Moove acquires PetroChoice from Golden Gate Capital in £479m deal

    May 24, 2022Updated:May 24, 20221 Min Read
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    Moove, a subsidiary of Brazilian business group Cosan and a producer and distributor of lubricants and base oils, has acquired PetroChoice Lubrication Solutions (PetroChoice) from Golden Gate Capital for $479 million.

    PetroChoice is one of the largest distributors and manufacturers of value-added lubricant solutions in the United States, delivering approximately 62 million gallons annually to the industrial, commercial, and passenger vehicle customer segments. PetroChoice has an extensive and high-quality product offering including Mobil lubricants, as well as several licensed proprietary brands including Medallion Plus, Dyna-Plex 21C and Eco Ultra.

    Headquartered in King of Prussia, Pennsylvania, PetroChoice operates more than 50 strategically located distribution centers across 25 states.

    Read more: Private Equity Wire

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    deals and transactions Mergers and acquisitions PE Insider Private Equity
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