Part of the transaction are all Licorne’s oil trading activities and lubricants sales together with Licorne’s 50% shareholding in Vidol Fuel B.V. Gerrit Slurink will be responsible for Licorne as Managing Director and the full Licorne team will continue its business from the FinCo Dordrecht office with immediate effect.
FinCo is an ambitious and fast growing company in the downstream oil market in the Netherlands. The wholesale, retail, bunkering and direct sales of mineral oils and biofuels is the core business activity of FinCo which also operates under the names Gulf Nederland and Dalhuisen in the Netherlands. With the acquisition FinCo will be able to further strengthen its position in the Dutch and adjacent markets and will continue its growth strategy.
The transaction has been approved by the Authority for Consumers & Markets (ACM) in the Netherlands.
The maritime sector is one step closer to clean, emission-free shipping. A collaboration between FincoEnergies and Port of Amsterdam has resulted in a permit for FincoEnergies to supply biomethanol to the maritime sector within the Amsterdam port area.
TESO (Koninklijke N.V. Texels Eigen Stoomboot Onderneming) is giving a significant boost to its sustainability goals by transitioning to sustainable biofuel. The successful first delivery to the ferry ms. 'Dokter Wagemaker' marks a new chapter in the longstanding successful partnership between FincoEnergies and the Texel ferry service.
The advanced biofuel facility, Advanced Methanol Rotterdam (AMR), will convert non-recyclable waste into advanced methanol at the Port of Rotterdam, which will be purchased by FinCo Fuel. Advanced Methanol will achieve the CO2 emission reductions set out in the Renewable Energy Directive II (RED II) and the Fit-for-55 package.
Being an independent provider for sustainable energy solutions, we must quickly scale up our impact on the ongoing energy transition. Adding new energy carriers to our sustainable portfolio is important to guide our customers during their CO2-journey to decarbonisation. An energy carrier in which we see a lot of opportunities is electricity. Via our collaboration with EQUANS, international market leader in technical services, we are now able to offer various energy solutions to our customers.