Chandra Asri to acquire Esso retail stations in Singapore

The Indonesian firm will use the Esso brand and purchase fuel from ExxonMobil.

PT. Chandra Asri Pacific Tbk. is set to acquire ExxonMobil’s network of Esso-branded retail service stations in Singapore by the end of 2025.

Chandra Asri will continue to use the Esso brand and buy branded fuels from ExxonMobil. The acquisition will not disrupt use of customer loyalty points and cards.

The energy and infrastructure solutions company will also take on all the relevant ExxonMobil staff running the business, it said.

The transaction is subject to regulatory approval, it added.

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