DUBAI, UAE, July 29,
2024 /PRNewswire/ -- Coral Energy Group proudly
announces its rebranding to 2Rivers Group following the
successful completion of a management buyout (MBO). This rebranding
marks a significant transformation for the company and underlines
its commitment to expansion and operational excellence under the
renewed leadership of the senior management team. The rebranding
marks a new chapter for the company.
"The rebranding to 2Rivers is much more than just a name change;
it represents our evolution and vision for the future," said Mr.
Ahmed Karimov, a director of 2Rivers
Group. "Our management buyout and name change align our strategic
interests by driving growth and innovation while focusing on our
core competencies. The 2Rivers name reflects the forward-looking
nature of our company, as rivers are powerful symbols of energy,
renewal and connection."
This strategic rebranding underscores the Group's commitment to
sustainable growth and demonstrates its dedication to the flow of
energy that connects producers with end consumers. In addition, the
2Rivers Group reaffirms its commitment to high ethical standards,
the core values of compliance, sustainability and transparency.
"Rivers flow and converge to create greater strength and depth,"
added Mr. Karimov, "and this rebranding connects our past
achievements with our future aspirations."
Going forward, 2Rivers Group plans to expand its activities,
including the establishment of a subsidiary in Switzerland. 2Rivers focuses mainly on the
MENA and Asian regions. The expansion in Switzerland will allow 2Rivers to incorporate
a European focus into its strategic objectives. This new entity
will act as a principal for part of the Group's trading activities
and will strengthen 2Rivers' global presence and operational
capabilities.
About 2Rivers Group
2Rivers Group, formerly Coral Energy Group, is a leading energy
company specializing in the trading and distribution of energy
commodities. With a solid commitment to operational excellence,
2Rivers Group serves a diverse portfolio of clients around the
world. The company's experienced team and innovative approach drive
its mission to deliver reliable energy solutions.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/coral-energy-group-rebrands-as-2rivers-group-signaling-a-new-era-of-development-and-growth-302208552.html
SOURCE 2Rivers Group