Moove (Cosan) Acquires PetroChoice from Golden Gate Capital for $479M
May 23, 2022
Moove, a subsidiary of Cosan S.A., acquired PetroChoice Lubrication Solutions from Golden Gate Capital for $479 million. The deal gives Moove a market-leading U.S. distribution footprint — PetroChoice operates ~54 locations across 25 states, delivering roughly 62 million gallons annually — and advances Moove's U.S. expansion in the $33 billion lubricants market.
- Buyers
- Moove (subsidiary of Cosan S.A.), Cosan S.A.
- Targets
- PetroChoice Lubrication Solutions
- Sellers
- Golden Gate Capital
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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