
Greenergy today announces the completion of its acquisition of Armorine, an established French supplier of fuels and lubricants, following final competition clearance. As initially announced in June, the acquisition includes all of Armorine’s subsidiaries and operations.
Founded in 1932, Armorine has grown into a trusted supplier, with operations that include the import and distribution of fuels, the production of lubricants, as well as logistics capabilities to supply through its national network of oil depots and supply sites.
CEO of Greenergy Adam Traeger added, “As we enter the French market, this acquisition marks an important step in Greenergy’s European growth. We look forward to working with the experienced team at Armorine and combining the strengths and expertise of our businesses to build on Armorine’s success. Together, we will accelerate growth and enhance our offering in the French market.”