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Shell completes Indonesia fuel retail sale to SEFAS

PRIVATEOct 30, 2026

Acquiring Company

SEFAS Group

Acquired Company

Shell Indonesia

IndonesiaOil And GasRetailManufacturing

Description

Shell has completed the transfer of its Indonesian fuel retail business to SEFAS Group, including about 200 service stations, supply and distribution activities, and a Gresik terminal. The Shell brand will continue under a trademark licensing agreement. Shell's lubricants business is excluded from the transaction, and the financial value was not disclosed.

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Company Information

Company

SEFAS Group

Location

Indonesia

About

SEFAS Group is a business group that agreed in August 2026 to acquire Shell's entire fuel retail business in Indonesia. It is described as a longstanding business partner of Shell Indonesia with extensive knowledge of the Indonesian market.

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Frequently asked

Who acquired Shell Indonesia?

Shell Indonesia was acquired by SEFAS Group, based in Indonesia. The deal was reported on October 30, 2026. SEFAS Group is a business group that agreed in August 2026 to acquire Shell's entire fuel retail business in Indonesia. SEFAS Group is privately held and operates in Oil And Gas.

When did SEFAS Group acquire Shell Indonesia?

SEFAS Group's acquisition of Shell Indonesia was reported on October 30, 2026. Shell has completed the transfer of its Indonesian fuel retail business to SEFAS Group, including about 200 service stations, supply and distribution activities, and a Gresik terminal. The Shell brand will continue under a trademark licensing agreement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Shell Indonesia do?

Shell Indonesia has introduced Shell MIDEL, a new range of transformer fluids designed for the electrical power sector. The high-performance product enhances safety, improves fire resistance, and offers biodegradability. It is privately held, operating in Manufacturing.

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