Botswana/Namibia: Vitol, Helios add to Vivo portfolio

Vitol and Helios Investment Partners have completed phase three of their acquisition of Shell’s downstream assets, taking over majority shareholdings in its Namibia and Botswana businesses Comprising 34 Shell-branded retail stations, 42 other retail units, 12 Shell Select stores and 130 employees, the businesses have been incorporated into Vivo Energy, owned by Vitol and Helios (40% each) and Shell (20%).