Fuel distributor Greenergy has acquired 100% of Amber Petroleum, an independent fuel distributor and retailer based in the Republic of Ireland. The deal offers Greenergy access to Amber’s 35 sites around the country. Amber sites are both company-owned and dealer-owned operations and offer vehicle fuel products as well as home heating petroleum.
“One of our key strategic objectives is to integrate our existing supply footprint with our expanding retail presence,” said Christian Flach, Greenergy CEO. “The acquisition of Amber follows our recent retail investment in 230 retail sites in Canada, and will enhance our capabilities in Ireland by building on our existing infrastructure, supply and retail operations.”
Liam Fitzgerald, owner and managing director of Amber Petroleum concurs, adding that Amber has served a loyal customer base for more than 40 years. “Amber’s success has been based on strong relationships with customers, suppliers and staff and we know that Greenergy shares these same values."
Greenergy entered the Canadian market in 2013. This year they merged with Markham, Ontario’s BG Fuels, a gas retail operator with a significant presence in central Canada. Behind Greenergy’s success are extensive investments in marine and rail-fed storage terminals as well as in road haulage capability that allows them to import and distribute their blended fuel products to independent retailers.
In the United Kingdom where Greenergy is based, the company supplies more than 25% of the road-fuels market.