UNO CORP takes over Primax business in Ecuador, Colombia and Peru
Published on: Aug 15, 2025
The deal between UNO CORP and Grupo Romero is a mixture of ownership and strategic alliance.
Honduran conglomerate UNO CORP has agreed to acquire 80% of Primax, a deal covering the fuel retailer’s networks of service stations and distribution centers in Peru, Ecuador, and Colombia. The seller, Peru’s Grupo Romero — one of the country’s largest business conglomerates — will retain the remaining 20% through its investment arm GRIO (Grupo Romero Investment Office).
Under the agreement, UNO CORP will take over the management of Primax operations in Peru and Ecuador under a “strategic alliance” with Grupo Romero, while in Colombia the sale will be for full ownership. The transaction is subject to standard closing conditions, and financial terms have not been disclosed.
Industry sources report that Primax operates more than 2,225 service stations across the three countries, including over 1,100 in Peru, around 245 in Ecuador, and more than 880 in Colombia. The deal also covers related fuel distribution infrastructure.
UNO CORP is a major energy player in Central America, with operations in eight countries and a network of approximately 1,900 service stations under brands such as UNO, Shell — through licenses in Guatemala and Colombia — and Biomax. It also runs around 300 convenience stores under the Pronto and Select brands, and operates in the aviation fuel, lubricants, and bitumen segments.
Grupo Romero, founded more than 130 years ago, is active in energy, food, logistics, financial services, and infrastructure. Its portfolio includes companies such as Credicorp, Alicorp, Ransa, and Tramarsa, with Primax as one of its flagship brands in the Andean fuel market.
