Top Oil purchase complete
CANADIAN-OWNED Irving Oil has agreed to acquire the Tedcastle group of companies, an Irish-based energy marketing and distribution organisation which operates under the name Top Oil.
Top Oil is a leading supplier of home heating oil, as well as petrol and diesel fuel in Ireland. It recently expanded operations into company-owned retail forecourts and aviation fuel.
Top Oil service stations are located in Newcastle, Newtwnmountkennedy, Arklow, Tinahely, Shillelagh, Baltinglass and Carnew.
‘ This is a great day for our company,’ said Arthur Irving, Chairman of Irving Oil. ‘We are proud to be doing business in Ireland and are looking forward to working with everyone at Top Oil. We’re excited about the future’.
Top Oil branding will remain in place across all locations and the existing workforce will be maintained.
‘We’re excited about this opportunity to grow our business in Ireland and work with the Top Oil team,’ said Ian Whitcomb, President of Irving Oil. ‘We have worked hard to build strong customer relationships and establish meaningful community partnerships in Ireland and are delighted to continue to grow our business in this area. It’s a natural fit for us’.