Tag: Scott Wyatt

Viva Energy completes acquisition of OTR Group

Viva Energy has announced it has completed the acquisition of OTR Group on 28 March 2024. The acquisition advances Viva Energy’s strategy to transform into a leading convenience and mobility business, leveraging OTR...

Viva Energy signs V/Line Fuel Supply Agreement

Viva Energy has signed a fuel-supply agreement with V/Line, Victoria’s regional passenger train and coach service operator. V/Line is one of Australia’s fastest growing rail networks, facilitating more than 21 million passenger trips...

Viva Energy announces strong 2023 results

Viva Energy has announced the Group’s financial results for the full year ended 31 December 2023, recording EBITDA (RC) of $712.8 million. “Viva Energy delivered a strong performance in 2023, with exceptional results...

Viva Energy provides update to investors

Viva Energy held its 2023 Investor Day last week (9 November) providing a company update. Viva Energy CEO Scott Wyatt said that the company has an “established reputation and capability” reaching more than...

Viva Energy releases half year results

Viva Energy has reported strong fuel sales growth of +11% to 7,604ML y/y at its half year results ended 30 June 2023. Convenience & Mobility EBITDA increased +40% to $123.7M. Viva Energy CEO...

Viva Energy completes acquisition of Coles Express

Viva Energy Group Limited (Viva Energy) has completed the acquisition of the Coles Express Convenience Retailing business covering more than 700 stores nationally. Together with the recently announced acquisition of the South Australia-based...

Viva turbocharges mobility and convenience

This week, Viva Energy surprised the Australian fuel industry by announcing that it had reached an agreement with the Peregrine Corporation for the acquisition of the OTR Group. Analysis of the $A1.15B...

Viva Energy to acquire OTR Group

Viva Energy has entered into a binding agreement to acquire the OTR Group for a total consideration of $1.15 billion from Peregrine Corporation. The OTR network and wholesale fuel businesses will be...
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