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Vivo Energy yet to complete acquisition of TotalEnergies Marketing Jordan

Ghanapoliticsonline.com by Ghanapoliticsonline.com
July 2, 2026
in Business
Reading Time: 3 mins read
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Vivo Energy has announced the completion of its acquisition of 100 per cent of the shares in TotalEnergies Marketing Jordan, marking the company’s expansion beyond Africa and the introduction of the Engen retail brand to the Jordanian market.

The transaction includes TotalEnergies Marketing Jordan’s network of approximately 180 service stations, as well as its commercial fuels and lubricants operations.

With the acquisition completed, Engen—Vivo Energy’s owned retail brand—will be introduced to Jordan, becoming operational in a 13th Vivo Energy market. The brand, which has built a strong reputation for quality and customer service, is South Africa’s leading fuel brand, with a network of more than 1,000 service stations selling one in every four litres of fuel in the country.

A statement copied to the Ghana News Agency in Accra said the Engen brand would gradually replace TotalEnergies branding across service stations in Jordan over the coming months.

The company said that following the announcement of the transaction in November 2025, all parties had worked diligently to secure the necessary regulatory approvals and fulfil the conditions precedent, which had now been completed.

Commenting on the acquisition, Mr Stan Mittelman, Chief Executive Officer of the Vivo Energy Group, described the deal as a significant milestone in the company’s growth strategy.

“This is an important milestone for Vivo Energy as we expand beyond Africa into Jordan – a market with strong fundamentals and a team we have great respect for,” he said.

“Vivo Energy, and our retail brand Engen, are built on African values of customer service and community, which we believe have a real story to tell in Jordan. We look forward to supporting continued growth in the market.”

Mr Adel Saadallah, the newly appointed Managing Director of Vivo Energy Jordan, expressed pride in leading the company’s operations in the new market.

“I am genuinely proud to be appointed to lead Vivo Energy’s business in Jordan, as we expand into this new market. I have been part of Vivo Energy since the company was founded and have seen first-hand how our model creates businesses that last,” he said.

He noted that Vivo Energy’s success had been driven by empowered local management teams focused on serving customers and stakeholders effectively, a model that would now be replicated in Jordan.

Mr Saadallah assured employees, dealers and customers that the transition would not disrupt existing relationships.

“Today’s announcement is a change of ownership, but employees, dealer contracts and customer relationships carry over unchanged. My priority will be to work alongside the existing team, build on what is working well and make the transition as smooth as possible for everyone,” he said.

He added that Vivo Energy would align its programmes with Jordan’s national celebrations in 2026, including the Kingdom’s 80th Independence Day anniversary and the country’s first-ever FIFA World Cup appearance.

“We recognise that 2026 is a year of pride for Jordan. We will work to reflect this pride in our programmes – putting Jordan and Jordanians first,” Mr Saadallah said.

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