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English Español Petrobras Distribuidora close to choosing a partner for its c-store operation

The distribution arm of Brazil’s oil giant is looking to improve its convenience offering.

Last update:

Brazil’s state-run fuel distribution company, Petrobras Distribuidora SA, has started the process of selecting a partner for its convenience store operation, according to a company note.

The financial advisor BR Partners, hired to carry out the study of the business plan of convenience stores BR Mania, concluded the first phase of work.

According to the note, BR Partners has already started the stage of evaluation and selection of potential stakeholders, which are not only restricted to the convenience sector but also active in the retail and technology areas.

BR Mania is currently present across Brazil with some 1,200 convenience stores.

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