Trafigura Acquires Greenergy
- Trafigura completed the acquisition of Greenergy's European and Canadian supply businesses from Brookfield Asset Management.
- Greenergy, founded in 1992, is a major European biodiesel producer and road fuel supplier.
- Greenergy supplies over 15 billion litres of fuel annually across Europe and Canada.
Acquisition Overview
Trafigura Group Pte Ltd has finalized the acquisition of Greenergy's European and Canadian supply businesses from Brookfield Asset Management and its affiliate, Brookfield Business Partners. This strategic move aims to enhance Trafigura's market position in the biofuels and road fuels sectors.
Greenergy's Background
Established in 1992, Greenergy is a leading supplier of road fuels and a significant European biodiesel producer. The company operates manufacturing plants in the UK and the Netherlands and is a key distributor of road fuels in the UK.
Operational Scope
Greenergy supplies over 15 billion litres of fuel annually to a diverse customer base, including supermarkets, oil companies, fuel wholesalers, and retail and commercial clients. In Ireland, it operates under the Inver Energy and Amber Petroleum brands, while in Canada, it serves customers from rail-fed terminals in Ontario and British Columbia.
Source: Greenergy