The UK’s largest fuel supplier and distributor Greenergy has completed its acquisition of Irish independent fuel distributor Amber Petroleum.
Greenergy currently markets its products in Ireland through Inver Energy, which it bought in 2017, and the purchase of Amber Energy will increase its presence in the country. Amber’s existing management and staff will remain.
‘This transaction is a key part of our growth strategy in our key markets and it will allow us to continue to expand our integrated platform in Ireland, building on our existing infrastructure, supply and retail operations. I look forward to welcoming the Amber team to Greenergy,’ says Greenergy CEO Christian Flach.
The transaction was first announced in September 2020.