Dubai, United Arab Emirates | October 16, 2025 – Oilmar DMCC, a leading global marine fuels trading and tanker operating firm, has officially completed its Management Buy-Out (MBO), marking the formal transfer of ownership to its management team. This pivotal move reinforces the Company’s operational independence and governance structure, setting the stage for continued strategic growth and market leadership.
The announcement follows the initial September 2025 statement in which Oilmar disclosed its intent to undertake a management-led acquisition of all company shares, a proactive response aimed at safeguarding business continuity amid external scrutiny over its Ultimate Beneficial Owner (UBO).
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Stability and Strategic Governance
Oilmar’s management buy-out reflects a strategic, stability-driven decision fully aligned with the Company’s long-standing governance framework. Since its founding in 2015, the management team has been responsible for steering day-to-day operations, shaping commercial strategies, and making critical decisions. The former shareholder, Oilmar clarified, was a silent investor with no involvement in the Company’s management or trading activities.
Throughout the buyout process, Oilmar maintained full operational capability, ensuring uninterrupted service to its clients, partners, and financial institutions. The Company’s robust financial standing, solid commercial relationships, and stringent compliance standards remained intact, with stakeholders receiving timely updates and full transparency during the transition.
Commitment to Excellence and Sustainable Growth
This completed transition underscores Oilmar’s commitment to its core values of excellence, integrity, and sustainable development. With full ownership now under the management team’s control, Oilmar is strategically positioned to accelerate its growth plans with enhanced focus and stability.
Oilmar has extended its sincere gratitude to global partners, clients, and financial institutions for their continued trust and support during the transition period.
“We reaffirm our dedication to expanding our international footprint, strengthening our service portfolio, and delivering top-tier performance across all aspects of our business,” the Company said in its official statement.
About Oilmar DMCC
Established in 2015 and headquartered in Dubai’s Jumeirah Lakes Towers, Oilmar DMCC operates across over 60 countries with a strong presence in Greece, Turkiye, Singapore, South Korea, and Switzerland. The Company specializes in marine fuels trading, petroleum product supply, chartering, and tanker operations, boasting a fleet active in key maritime regions including the Caspian Sea, Black Sea, Turkish ports, the Mediterranean, and Europe.
In 2023, Oilmar reported revenues of USD 1.37 billion, reflecting a steady growth trajectory and an average monthly trading volume increase of 10%. Its robust risk management framework mitigates price volatility, quality risks, and compliance challenges, ensuring reliability for over 200 global suppliers and partners.
Oilmar DMCC continues to be recognized as a “Great Place to Work,” committed to fostering an inclusive and high-performance culture grounded in transparency and ethics.
Source: Oilmar DMCC