Bunkering firm Oilmar DMCC has announced the completion of its management buy-out, formally transferring ownership to the company’s management team.
The firm said the move ensures operational independence, continuity, and stronger governance, describing it as “a stability-driven and strategic decision, fully aligned with Oilmar’s long-standing governance model.”
“This marks the formal transition of ownership to the company’s management team,” Oilmar said in a statement on Thursday. “The company is now fully independent and well-positioned to continue executing its strategic growth plans with focus and stability.”
Oilmar added that the former shareholder was a silent investor with no role in management or trading operations.
The company, which operates as a global marine fuel trader and supplier, said the restructuring would allow its leadership team to maintain direct control over future strategy and day-to-day operations.
Oilmar was established in 2015 and is based in Dubai.
