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April 21, 2015 11:33 AM ET

Specialty Retail

Company Overview of PRIMAX S.A.

Company Overview

PRIMAX S.A. operates fuel service stations. The company distributes and commercializes fuels and crude derivatives. Its products include gasoline, diesel fuel, car lubricant, VNG, and LPG. The company is based in Lima, Peru. PRIMAX S.A. operates as a subsidiary of Romero Trading S.A.

Av. Nicolás Arriola 740

Lima,  13

Peru

Phone:

51 203-3100

Fax:

51 224-9693

Key Executives for PRIMAX S.A.

Chief Executive Officer and President
Compensation as of Fiscal Year 2014.

PRIMAX S.A. Key Developments

Primax Provides More Robust Prepaid Solutions for its Financial Institution and Business Clients

Primax announced that it now offers prepaid solutions for financial institution and business clients with prepaid options that are designed to enable banks, credit unions and businesses to provide affordable, customizable rewards and incentives to their employees, clients and prospective clients. Primax prepaid solutions are designed to be used as reward, recognition, sales incentive, and consumer promotion vehicles. The cards can be customized with the client's logo/company name, the card recipients name and a short message. Cards are predenominated in any amount the client chooses up to $500. Options include a card that can be spent anywhere except at casinos, gas pumps and ATMs and another card option in which the value can be spent at any of nearly 200 of the most popular U.S. merchants. These prepaid cards cannot be used at ATMs or sold to consumers.

Primax Enters into Processing Service Agreement with First Data

Primax, a premier provider of debit and credit card issuing and merchant acquiring programs, products and services, announced that it has entered into a payments card processing service agreement with First Data, the global leader in payments processing and electronic commerce solutions. In December of 2013, Primax closed on the transaction to acquire the processing business of New England Bankcard Association Inc. (NEBA), a Massachusetts-based association of banks that provided credit card issuing and merchant acquiring programs, products and support services for its members. The Primax acquisition of NEBA processing consolidated the current processing and servicing business of NEBA into Primax and the processing agreement, which was previously between NEBA and First Data, is now between Primax and First Data.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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