Shell Buy in Brazil

Shell Brazil has acquired the arm of sugar and ethanol producer Cosan that is responsible for the distribution of aviation fuels.

The acquisition is a strategic move for Shell Aviation in Brazil and will strengthen its position in the country's aviation sector, the oil giant says.

Cosan acquired this business segment from Esso in 2008.

In the same year Shell Aviation marketed about 1.6 billion litres (420 million USgal) in more than 50 airports throughout Brazil while Cosan's supply reached around 560 million litres across seven airports.