Puma Energy Australia Expands by Buying Major Independent

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Puma Energy is surging ahead of its competition by buying over 120 fuel stations. Puma has agreed to buy Neumann Petroleum, the head of Matilda and Neumann fuel service stations. The sale also includes and $18m bulk seaboard fuel terminal located at Brisbane’s Eagle Farm.


This development is being seen as good competition for the petrol market in Australia and being good for local consumers. Ray Taylor, the general Manager for Puma Energy Australia said that “Australia has a strong economy, a growing retail and a mining driven fuel market with enormous potential, an ideal environment in which to continue our global growth efforts”. Puma revealed that they are planning to grow the network worldwide and to build an import facility in Mackay.


Taylor also said “We were attracted to Neumann Petroleum because of the company’s strong performance and outstanding portfolio of retail and terminal assets. Puma Energy has grown rapidly through organic growth and by buying downstream assets from ExonMobil, BP and Chevron. As well as this each year we have retained local staff and grown the businesses”.

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