Total has agreed to sell its retail business in Haiti, which consists of a network of 92 service stations and general trade fuel sales operations.
The assets will be sold to Bandari Corporation, a consortium formed by several local and regional major players.
Isabelle Gaildraud, senior vice president, Americas, at Total Marketing and Services, said: “This transaction with local operators is aligned with our strategy of streamlining our asset portfolio in the Caribbean.
“We are fully confident that Bandari Corporation Ltd. will develop these quality assets effectively. We remain present in Haiti through a lubricants distribution agreement.”
