Acquiring Company
Panama
Acquired Company
Petroterminal de Panama
Description
Panama has completed its acquisition of Petroterminal de Panama for $191.7 million. This transaction grants the government full ownership over the crucial oil transit network. It enables Panama to enhance its control over energy and logistics initiatives. The acquisition strengthens the country's position in maritime activities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Petroterminal de Panama?
Petroterminal de Panama was acquired by Panama, based in Panama. The deal was reported on September 3, 2026. Panama is a country that manages significant maritime activities and logistics within Central America. It is known for the Panama Canal, a key transcontinental shipping route. Panama is privately held and operates in Government.
When did Panama acquire Petroterminal de Panama?
Panama's acquisition of Petroterminal de Panama was reported on September 3, 2026. Panama has completed its acquisition of Petroterminal de Panama for $191.7 million. This transaction grants the government full ownership over the crucial oil transit network. It enables Panama to enhance its control over energy and logistics initiatives. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Petroterminal de Panama do?
Petroterminal de Panama is a major player in oil transit with port facilities catering to both the Caribbean and Pacific coasts. It operates essential infrastructure for the efficient movement of hydrocarbons across Panama. It is privately held, operating in Energy, and is based in Panama.
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