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Masana Petroleum Solutions (Pty) Ltd

Leading South Africa B-BBEE petroleum company Masana brings on new investors to the table

Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.

Oryx Energies Completes Acquisition Of BP And Masana Petroleum Solutions LPG Businesses In South Africa

Oryx Energies is pleased to announce that it has completed the acquisition of the Liquefied Petroleum Gas (LPG) distribution businesses in South Africa of BP and Masana Petroleum Solutions in which BP had a 45% stake. The transaction was first announced on 20 March, 2013.

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