Nigeria: GP Global acquires lubricants business


Issue 413 - 17 Apr 2020 | 1 minute read

The UAE’s GP Global announced on 15 April that it had acquired the lubricants assets of Nigeria’s Grand Petroleum. The acquisition includes the HiSpeed lubricants brand and a 50,000 t/yr blending plant in Lagos. “Nigeria is one of the core markets for our lubricants and base oil business with a significant opportunity now opening up to expand our presence in Africa.

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