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Cosan S.A. (NYSE: CSAN) announced that its subsidiary Moove has acquired PetroChoice Lubrication Solutions for $479 million. This acquisition positions Moove as a leader in the $33 billion U.S. lubricants market, enhancing its distribution capabilities and product offerings. PetroChoice is the largest lubricant distributor in the U.S., delivering 62 million gallons annually, and operates over 50 distribution centers across 25 states. Moove aims to leverage its expertise to accelerate PetroChoice's growth amid rising demand for synthetic lubricants.
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