Greenergy to acquire Armorine.

Greenergy, a UK-based distributor of fuels and biodiesel, agreed to acquire Armorine, a French importer and distributor of fuels and manufacturer of lubricants. Financial terms were not disclosed. “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,” Adam Traeger, Greenergy CEO.