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US Private Equity Firm Buys Controlling Stake in Largest Jamaican Fuel Retailer
Jan 9th, 2012United States private equity firm Blue Equity has purchased a controlling interest in Cool Petroleum, the largest fuel retailer in Jamaica, according to a company release. Cool Petroleum is the licensed user of Shell brands in Jamaica, and the largest fuel retailer by volume in Jamaica, and has more than 50 Shell service stations on the island.