Press release | The Hague / Dordrecht, september 1, 2016

NIBC takes financial stake in FinCo Fuel Benelux

NIBC Mezzanine & Equity Partners (NIBC) and FinCo Fuel Benelux B.V. (FinCo) closed a transaction today for a financial partnership in the FinCo downstream activities in the Netherlands.
Windmills in the sunset

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 bio fuels is the core business activity of FinCo which also operates under the names Gulf Nederland and Dalhuisen in the Netherlands.

With NIBC joining as minority shareholder FinCo will be able to further strengthen its position in the Dutch market and will continue its growth strategy.

The trading activities of FinCo in Asia and the tank storage terminal in Amsterdam are not part of the transaction.

The Northwest European fuel market offers FinCo attractive growth opportunities because major oil companies continue to withdraw and divest from downstream oil markets which offers new and independent companies such as FinCo opportunities to increase market share.

The transaction has been approved by the Authority for Consumers & Markets (ACM) in the Netherlands.

Earlier this year FinCo acquired next to a storage terminal in Groningen from Total and Q8 also the Gulf wholesale business and its logistics from Enviem.

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Press release

First step towards reopening pellet factory of Coega Biomass Centre

Coega Biomass Centre pellet factory in Gqeberha (Port Elizabeth), South Africa
Rotterdam, 5 April 2022

Funding the restart of CBC pellet factory fits within FinCo’s ambition to play a key role in the supply chain. This includes access to biomass residues, the sustainable harvesting and processing of the material and the conversion to low carbon transport fuels.

Press release

FinCo Fuel will collaborate with Advanced Methanol Rotterdam

The advanced biofuel facility, Advanced Methanol Rotterdam (AMR), at the port of Rotterdam
Rotterdam, 20 April 2022

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.

Press release

FinCo Fuel acquires XBEE dealership for Benelux

Alt
Rotterdam, 7 June 2021

FinCo Fuel has taken over the dealership for the distribution and sales of XBEE enzyme technology for the Benelux as per 1st June 2021. This acquisition fits with the ambition of FinCo Fuel to be a front runner in the transition towards low-carbon fuels.

Press release

FinCo Fuel and African Clean Energy start a three-year partnership

Alt
Rotterdam, 15 september 2020

The Dutch FinCo Fuel Group has started a three-year collaboration with African Clean Energy (ACE) around their smart cooker ACE One. The collaboration stems from FinCo Fuel's objective to make its own business activities CO2-neutral. FinCo Fuel invests both resources and knowledge in ACE. The two parties are also working together to make the results of the ACE One more measurable, so that more partners can be involved in the project.