NewsWhore
05-13-2011, 04:20 PM
The Sol Group affiliate, Sol Petroleum Dominicana Limited, an affiliate of Sol Group and Grupo Vicini, announced the conclusion of the acquisition of the shares of Shell Company Dominicana S.A., Administracion de Estaciones de Servicios, S.A. (Adeser) and Propiedades Industriales, S. A. (PISA). A statement sent to Diario Libre establishes that Sol Aviacion Services Limtied (SASL) purchased the assets of the aviation division of Shell Company (W.I. Limited and will continue operations at the Las Americas and Puerto Plata airports. The company will continue using the Shell brand at its gas stations and will continue marketing Shell oil at the gas stations and to industrial and commercial clients.
Based in Barbados, Sol Group was formed through the acquisition of Shell's petroleum distribution and marketing businesses in the Eastern Caribbean, Guyana, Suriname and Belize in February 2005. Sol acquired The Shell Company (Puerto Rico) Limited in August 2006, which was subsequently renamed Sol Puerto Rico Limited. Sol made a further purchase of Esso's assets in Suriname and Guyana in November 2007 and in Haiti on February 29, 2008.
Sol supplies fuels, lubricants, bitumen and LPG through an extensive service station network, marine and commercial operations, as well as acting as an agent for Shell Aviation and Shell Marine products. Sol uses the Shell brand under license across its service station network, and acts as the sole distributor of Shell's fuels and lubricants. This is fully backed by Shell's world-class technical expertise.
More... (http://www.dr1.com/index.html#5)
Based in Barbados, Sol Group was formed through the acquisition of Shell's petroleum distribution and marketing businesses in the Eastern Caribbean, Guyana, Suriname and Belize in February 2005. Sol acquired The Shell Company (Puerto Rico) Limited in August 2006, which was subsequently renamed Sol Puerto Rico Limited. Sol made a further purchase of Esso's assets in Suriname and Guyana in November 2007 and in Haiti on February 29, 2008.
Sol supplies fuels, lubricants, bitumen and LPG through an extensive service station network, marine and commercial operations, as well as acting as an agent for Shell Aviation and Shell Marine products. Sol uses the Shell brand under license across its service station network, and acts as the sole distributor of Shell's fuels and lubricants. This is fully backed by Shell's world-class technical expertise.
More... (http://www.dr1.com/index.html#5)