Menu

Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

Applegreen to Pay €16m for Stake in Fuel Terminal at Dublin Port

5th January 2017
Applegreen to pay €15.7m to buy a 50pc stake in a fuel terminal at Dublin Port. Applegreen to pay €15.7m to buy a 50pc stake in a fuel terminal at Dublin Port.

#FuelTerminal - Applegreen, a forecourt retailer has agreed to pay €15.7m to buy a 50pc stake in a fuel terminal at Dublin Port.

The Joint Fuel Terminal writes The Irish Independent is currently equally owned by Valero Energy (Ireland) and Esso Ireland. It is one of three fuel importing facilities at the port.

Applegreen is acquiring Esso's stake in the terminal.

Esso Ireland was acquired by Topaz in October 2015 for €75m. At the time, Topaz was owned by businessman Denis O'Brien. Shortly after, he sold Topaz to Canada's Alimentation Couche-Tard for €450m.

But as part of the deal to acquire the Esso operation, Topaz was told by the Competition and Consumer Protection Commission to sell the Esso stake in the Joint Fuel Terminal. The stake had been for sale since early in 2016.

Further details of the deal can be read here.

Published in Dublin Port
Jehan Ashmore

About The Author

Jehan Ashmore

Email The Author

Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

We've got a favour to ask

More people are reading Afloat.ie than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open.

Afloat.ie is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Car Brands

subaru sidebutton

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Events 2020

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
viking sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating