Sefas Group has agreed to acquire 100% of Shell's Indonesia Mobility Value Chain Business, subject to regulatory approval, with completion expected this year
The Shell brand will continue in Indonesia through a licensing arrangement, with continuity of service for customers, employees and partners
Sefas Group has agreed to acquire 100% of Shell’s Indonesia Mobility Value Chain Business, subject to regulatory approvals and other customary conditions.
“As Shell’s largest lubricants distributor in Indonesia, Sefas is proud to take this next step and support the future growth of Indonesia’s energy retail sector,” said Sefas Group CEO Ricky Roesli.
“Local ownership provides a strong platform for the business’s next phase of development. Our ambition is to build one of Indonesia’s most trusted and sustainable energy retail businesses, supporting the country’s economic growth and evolving energy needs.”
“SEFAS is a long-standing Shell partner in Indonesia, with deep local market expertise, customer insight and established relationships to support the business’s next phase of growth,” said Shell Indonesia President Director Andri Pratiwa.
Sefas Group will proceed to acquire full ownership of the business, subject to completion, which is expected this year. Its immediate priority is to ensure a smooth transition while maintaining safe and reliable operations. Customers will continue to see the Shell brand in Indonesia through a brand licensing arrangement, with continuity of service for customers, employees and partners.