Greenergy Acquires French Distributor Armorine

Acquisition Completion

Greenergy has completed its acquisition of Armorine, a French supplier of fuels and lubricants, after receiving final competition clearance. The acquisition, initially announced in June, encompasses all of Armorine's subsidiaries and operations.

Armorine's Background

Founded in 1932, Armorine has established itself as a reliable supplier in the industry. Its operations include the import and distribution of fuels, production of lubricants, and logistics capabilities through a national network of oil depots and supply sites.

Strategic Expansion

This acquisition marks Greenergy's entry into the French market, aiming to leverage the combined strengths and expertise of both companies to drive growth and enhance offerings in the region.