Thu 2 Oct 2025, 16:30 GMT | Updated: Thu 2 Oct 2025, 16:34 GMT

Greenergy completes acquisition of fuel and lube distributor Armorine


UK firm expands into France following competition clearance to purchase established supplier.


Armorine supply truck.
Greenergy's acquisition of Armorine marks the company's entry into the French fuels and lubricants market. Image credit: Greenergy

UK-based energy company Greenergy has completed its acquisition of French fuel and lubricant distributor Armorine following final competition clearance.

The deal, first announced in June, includes all of Armorine's subsidiaries and operations. Founded in 1932, Armorine operates across fuel import and distribution, lubricant production, and logistics through a national network of oil depots and supply sites.

The acquisition represents Greenergy's entry into the French market as part of its European expansion strategy.

"As we enter the French market, this acquisition marks an important step in Greenergy's European growth," said Adam Traeger, CEO of Greenergy. "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."

Armorine's operations span the fuel supply chain, from import and distribution to lubricant manufacturing, supported by logistics infrastructure across France. The company has built its business over nine decades in the French energy market.

The completion of the transaction follows regulatory approval from French competition authorities. Financial terms of the acquisition were not disclosed.

Greenergy's move into France continues the company's expansion across European markets, adding Armorine's established customer base and distribution network to its operations.



Malama vessel dock mounting ceremony. Hanwha Philly Shipyard advances construction on two LNG-fuelled container ships for Matson  

Dock mounting completed for Malama while steel cutting begins on sister vessel Makena.

Bow of the Explora V vessel. Fincantieri launches bow section of LNG-powered Explora V at Palermo yard  

Fifth ship in Explora Journeys’ six-vessel series is scheduled to enter service in 2027.

Steel cutting ceremony of vessel with builder's hull no. H5187. Wah Kwong marks steel-cutting for third dual-fuel LNG carrier at Dalian Shipyard  

Hong Kong shipowner’s 175,000 cbm newbuild is scheduled for delivery as fleet expansion continues.

Yu Neng Jiao Long vessel. Cosco Shipping takes delivery of 64,900-dwt Panamax crude tanker  

Yu Neng Jiao Long features dual-fuel capability and meets IMO Tier III emission standards.

Fuel for Thought: LNG report. LNG fleet reaches 1,665 vessels as methane slip technology advances  

Lloyd’s Register report highlights economic viability and emissions reduction progress for marine fuel.

Aerial view of Piraeus Harbour in Greece. Bureau Veritas seeks emissions compliance verifier in Piraeus  

Classification society advertises for specialist to verify shipping emissions data under IMO and EU regulations.

We are hiring graphic message with a handshake gesture. Trafigura seeks financial controller for shipping and bunkering operations in Athens  

Role involves accounting and controlling activities for shipping and bunkering entities, reporting to regional controller.

Port in Mauritania. Minerva Bunkering launches Mauritania operation after securing regulatory licence  

Company to supply marine fuels from Nouadhibou and Nouakchott to commercial vessels and offshore installations.

Mercedes Pinto vessel. Baleària's third dual-fuel fast ferry Mercedes Pinto hits 38 knots in sea trials  

The 123-metre vessel is destined for the Canary Islands and can run on biomethane.

TFG Marine and DBS USD 300 million working capital facility graphic. TFG Marine secures $300m DBS facility backed by electronic bunker delivery notices  

Marine fuel supplier’s working capital facility leverages digital documentation to enhance transparency and efficiency.