Mabanaft takes over global bunkering business

Mabanaft fuel wholesaler takes over Bominflot -
Last week anti-trust regulators approved Mabanaft’s takeover of Bominflot.  The acquisition of this long established bunker trader makes Mabanaft one of the leading international bunker companies.
The merger of Bominflot, which will now operate under the name Bomin, and Matrix Marine, Mabanaft’s subsidiary in the bunker business, is regarded by Mabanaft as an important step in an effort to combine the strengths of both companies on a sustainable and long-term basis.
For Mabanaft, the acquisition is seen as a strategic step forward. As the bunker business deals with transactions involving physical oil, where logistics and customer loyalty play an important role, Mabanaft regards it as complementary to its strategic core competencies. Likewise, Bomin has now acquired critical mass on the ship bunker market, and, as a result, will now rank as one of the world’s largest bunker companies.
The managing director of the Bomin Group is Peter Schreiber. Stefan Herde, managing director of Matrix Marine Holding, will also be a member of the management team of the Bomin Group.
Bomin is an independent bunker trader and supplier, with more than 35 years of experience. Its business activities include the supply of bunker fuels and lubricants, cargo trading and ancillary services to the shipping industry. With a staff of more than 300 in 36 offices worldwide, Bomin is organised into three regions, The Americas, Europe/Africa and Far/Middle East.
Meanwhile, Matrix Marine has been involved in the bunker business for almost 15 years. It has established itself as a leading independent supplier of bunker fuels and related services. Current locations include the US Gulf Coast, Singapore, Oman and India.
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