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Amsons Group to buy Oryx Energies’ Tanzanian downstream assets in $230 million deal

kenya-today.com ·Kenya · world
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Amsons Group, a family-owned business in Tanzania, reached an agreement on October 16 to buy the downstream assets of Oryx Energies in Tanzania. The deal is valued at over 230 million US dollars. This acquisition makes the company the largest independent fuel player in the region.

Tanzanian family‑owned Amsons Group agreed on 16 October to acquire Oryx Energies’ downstream business in Tanzania for over US$230 million, creating the region’s largest independent fuel player.

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