Acquiring Company
Aegis Logistics
Acquired Company
Tristar Group
Description
Aegis Logistics is in advanced discussions to acquire UAE-based Tristar Group for approximately $1.5 billion. This acquisition aims to enhance Aegis' capabilities in the energy logistics sector. Tristar's extensive operations across various countries will provide Aegis with significant cost synergies. The deal positions Aegis as a key global player in energy logistics.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Tristar Group?
Tristar Group was acquired by Aegis Logistics, based in Assam. The deal was reported on August 19, 2026. Aegis Logistics is a leading player in India's energy logistics sector. The company provides integrated solutions across the oil and gas supply chain. Aegis Logistics is privately held and operates in Oil And Gas.
When did Aegis Logistics acquire Tristar Group?
Aegis Logistics's acquisition of Tristar Group was reported on August 19, 2026. Aegis Logistics is in advanced discussions to acquire UAE-based Tristar Group for approximately $1.5 billion. This acquisition aims to enhance Aegis' capabilities in the energy logistics sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tristar Group do?
Tristar Group is a fully-integrated energy logistics firm operating across more than 30 countries. The company has marquee customers including BP, ADNOC, ExxonMobil, Total, and Shell. It is privately held, operating in Energy, and is based in United Arab Emirates.