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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