The Prax Group has announced that it has successfully completed the strategic acquisition of OIL! Tankstellen Gmbh, following the earlier announcement of an…
Prax4th December 2023
The Prax Group has announced that it has signed a Sales and Purchase Agreement (SPA) to acquire, from Mabanaft Gmbh & Co KG,…
Prax23rd October 2023
We live in a deeply connected and global world, and the best workplaces reflect that, including our own. Our work is based on…
Prax3rd October 2023
The Prax Group has appointed Maarten van Wesemael as Managing Director – Middle East & Asia. Maarten will be responsible for the Group’s…
Prax25th September 2023
The Prax Group has announced the successful closing of a new privately placed c.US$300 million (equivalent) Term Loan Facility (the "Facility"). The Facility…
Prax11th September 2023
The Prax Group has announced the successful signing of a new two-year $350 million dollar inventory financing facility with Freepoint Commodities. This will…
Prax1st August 2023
The Prax Group has announced the successful extension and amendment of its existing securitisation facility, with an extension to 25 February 2025, and…
Prax12th June 2023
The Prax Group has announced that it has successfully completed the strategic acquisition of Hurricane Energy Plc (Hurricane) in the United Kingdom. Hurricane…
Prax8th June 2023
The Prax Group has appointed Ben Lahnstein as Chief Financial Officer. Ben previously worked for Prax as Acting Chief Financial Officer and as…
Prax2nd May 2023
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