Home » Aramco strengthens in South America with the takeover of Esmax Aramco strengthens in South America with the takeover of Esmax Through Morgane Monteiro. Published on 08 March 2024 à 18h37 - Update on 11 March 2024 à 10h57 Resources On 1 March 2024, Saudi Arabian oil company Aramco (valued at US$7.62 billion) acquired Chile’s Esmax Distribucion SPA from the Southern Cross Group (100% buyout,… Morgane Monteiro