How many acquisitions has Aramco made so far?

Aramco has completed 6 acquisitions so far, with an average acquisition amount of $24.8B.

Which countries does Aramco usually acquire in?

Aramco has made acquisitions in 3 countries with the most activity in United States and Saudi Arabia.

In which year did Aramco make the most acquisitions?

Aramco was most active in 2023, with 2 acquisitions completed in that year.

List of 6 Acquisitions by Aramco (Nov 2026)

Q: Which is Aramco's latest acquisition?

Aramco's most recent acquisition is Esmax, a Provider of fuel and lubricant solutions for various industries, acquired in September 2023.

Most viewed in 2019

Aramco has made a total of 6 acquisitions. These investments span 4 sectors: Oil & Gas Downstream, Auto Retail & Aftersales, Oil & Gas Midstream, and a fourth sector, across 3 countries: United States, Saudi Arabia, and Chile. Peak activity occurred in 2022 and 2023 with 2 acquisitions each year, while the average for the 2020–2025 period is 0.8 acquisitions per year. There have been 0 acquisitions completed in the current calendar year. The most recent acquisition is Esmax, a Las Condes-based provider of fuel and lubricant solutions founded in 2016, which was acquired in September 2023.

Here's the year on year acquisition history of Aramco:

Number of Total Acquisitions

Year	# Acquisitions
2023	2
2022	2
2019	1
2010	1

View all Acquisitions by Aramco

Recent acquisitions by Aramco

Aramco's most recent acquisition - Esmax is a Provider of fuel and lubricant solutions for various industries, founded in 2016 and located in Las Condes. Aramco acquired a 100% stake in it in September 2023 for a price of $*****.

Here is the list of all acquisitions by Aramco sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Sep 15, 2023	Esmax	rbyz	ftzt	57	399
Jan 18, 2023	Motiva	ksxn	drwc	96	133
Aug 02, 2022	Valvoline	nvlc	atwv	45	561
Aug 01, 2022	VGP Holdings	uaqa	yvby	78	780
Mar 27, 2019	SABIC	d{uv	lmif	64	117