M&A Deal Summary

TotalEnergies Acquires Zema Petróleo

On November 22, 2018, TotalEnergies acquired retailer Zema Petróleo from Zema Group

Acquisition Highlights
  • This is TotalEnergies’ 1st transaction in the Retail sector.
  • This is TotalEnergies’ 1st transaction in Brazil.

M&A Deal Summary

Date 2018-11-22
Target Zema Petróleo
Sector Retail
Buyer(s) TotalEnergies
Sellers(s) Zema Group
Deal Type Divestiture

Target

Zema Petróleo

Brazil
Zema Petróleo currently manages an extensive branded network of 280 dealer-operated service stations and several oil products and ethanol storage facilities, most of them located in the states of Minas Gerais, Goiás, and Mato Grosso. It is also carrying a supply activity to third-party retail stations in the same regions.

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Buyer(S) 1

Buyer

TotalEnergies

Courbevoie, France

Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees62,796
Revenue 195.6B USD (2024)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.


DEAL STATS #
Overall 9 of 25
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 8
Country: Brazil M&A 1 of 1
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Vélizy-Villacoublay, France

G2 Mobility SA is a provider of electric vehicle charging solutions. G2mobility designs, produces and implements solutions that integrate charge points adapted to different environments, Electric Vehicle Supply Equipment (EVSE) management and central supervision from its SaaS software tool G2smart, and local EVSE management with the G2box integrated in the charge points or located nearby on-site. G2 Mobility SA G2 Mobility SA was founded in 2009 and is based in Vélizy-Villacoublay, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-18 Synova

France

Synova is a manufacturer of recycled polypropylene for the automotive sector. Synova is based in France.

Buy -

Seller(S) 1

SELLER

Zema Group

Araxá, Brazil

Category Company
Founded 1923
Sector Diversified
Employees5,300
DESCRIPTION

Zema Group is one of the largest business corporates in Brazil. For over 15 years, it has been part of national and regional rankings of best companies to work for. Present in 10 Brazilian states and with approximately 5.300 employees, it operates on different fronts with emphasis on retail stores, furniture, appliance, clothing, vehicle dealers and financial services.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2018 M&A 1 of 1