With a 40 service stations network and 1,500 tons of gas storage facility in the port of Abidjan, PétroIvoire is a leading Ivorian distributor of oil and gas products, and the largest local player in the market with a strong and recently built position on the fast growing LPG segment.
In the past few years, management has successfully repositioned the company towards a pure retail-oriented and diversified oil and gas player, taking a strong position on the fastest growing parts of the market. The Company is strengthening its position as one of the largest distributors of oil and gas products in Côte d’Ivoire and taking advantage of regional expansion opportunities.
Amethis role and value
Amethis presence will stabilize the company’s ownership structure alongside the founding family and PE fund WAEMF, allowing the group to grow at a higher pace and expand outside and inside Ivory Coast. Amethis will also support the company’s E&S action plan. PétroIvoire invests in promoting gas consumption, a particularly attractive alternative to wood and charcoal consumption and high contribution to fight against deforestation.