Dow Jones reports that Shell Lubricants, a subsidiary of Royal Dutch Shell PLC, has signed a contract with a local Iraqi company to distribute Shell lubricants in the Iraqi market.
The deal with Mared Iraq, a subsidiary of Malia Group, was signed in Erbil on Monday.
Neither side gave an indication of the value of the contract.
Mared Iraq also distributes British American Tobacco brands (Kent, Craven A, Dunhill, Rothmans, Viceroy), and Mars brands (Mars, Snickers, Bounty, Galaxy, M&Ms)
(Source: Dow Jones)