Brittany, France – June 17, 2025 — Greenergy, a major international supplier of renewable fuels, has announced the signing of an agreement to acquire Armorine, a prominent French fuel importer, distributor, and lubricant manufacturer. This strategic acquisition marks Greenergy’s official entry into the French energy market, further expanding its European footprint.
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A Historic Partnership
Armorine, headquartered in Brittany, France, has a storied history dating back to its founding in 1932. Over the decades, the company has evolved into a key player in the French fuel and lubricant market. Its operations encompass:
- Importation and national distribution of fuels,
- In-house lubricant manufacturing,
- A robust logistics network with oil depots and supply sites spread across the country.
Armorine’s established presence and infrastructure provide Greenergy with a solid operational base in France, enabling direct access to local customers while enhancing distribution capabilities across the region.
Strategic Expansion for Greenergy
Greenergy, known for its strong operations in the UK, Ireland, and Canada, and as one of Europe’s largest producers of biodiesel from waste-based feedstocks, sees this acquisition as a cornerstone of its long-term European growth strategy.
Speaking on the deal, Adam Traeger, CEO of Greenergy, emphasized the importance of this move:
“Entering the French market marks an important step in Greenergy’s long-term growth strategy. Like Greenergy, Armorine focuses on meeting customer needs, backed by a commitment to operational reliability and supply chain resilience. This acquisition not only expands our territory into a new region but also brings on board a highly experienced and skilled local team. We look forward to working with the Armorine team to build on their success and unlock future growth opportunities.”
Greenergy aims to support Armorine’s continued expansion by bringing in its own strengths—particularly in logistics, renewable fuel innovation, and biofuels production. This partnership is expected to introduce both traditional fuels and renewable alternatives to new sectors in the French market.
Armorine’s Future with Greenergy
Despite the acquisition, Armorine will retain its brand identity and continue to operate under its existing name, ensuring continuity for its customers and employees. The integration will be collaborative, leveraging both companies’ expertise to accelerate growth and improve services.
François Martinat, President of Armorine, welcomed the partnership, stating:
“This strategic alliance represents a true opportunity for Armorine to continue its development and gain the means to match its ambitions. Greenergy’s strength lies not only in its scale but also in its logistics expertise, innovation capacity, and central role in the biofuels sector. Armorine will benefit from Greenergy’s expertise and know-how across all its activities to accelerate its growth momentum. It is with confidence and peace of mind that we open this new chapter in the history of the Armorine Group.”
Regulatory Process and Next Steps
The acquisition is still subject to regulatory approval. Once completed, it is expected to bring enhanced stability, greater product offerings, and increased investment in sustainable energy solutions for the French market.
About Armorine
Founded in 1932 and headquartered in Brittany, Armorine is one of France’s leading independent fuel importers, distributors, and lubricant manufacturers. With over 90 years of expertise, Armorine has built a strong reputation for reliability, service quality, and innovation across the French energy landscape.
Armorine’s core operations include:
- Fuel Import and Distribution: Supplying a broad customer base across France through a well-established network of oil depots and supply sites.
- Lubricant Manufacturing: Producing a wide range of high-performance lubricants for automotive, industrial, and commercial applications.
- Integrated Logistics: Operating its own logistics infrastructure to ensure efficient, secure, and timely fuel delivery to both direct customers and third parties.
About Greenergy
Founded to reduce emissions in transportation fuels, Greenergy is now a leader in waste-based renewable fuel production and supply. With a core strategy focused on transport decarbonization, Greenergy operates an efficient global supply chain to deliver low-emission fuels reliably. The company is Europe’s largest manufacturer of waste-derived biodiesel and continues to expand its operations with a strong emphasis on environmental responsibility and customer service.
Source Greenergy