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Applegreen Dublin terminal deal cleared by competition authority

John Wood ·
Applegreen branding on forecourt

Applegreen plc has received the approval of the Irish Competition and Consumer Protection Commission to acquire a 50% share in the Joint Fuels Terminal in Dublin port from the Topaz Energy Group for a consideration of about €15.7m.

The deal was announced in January 2017 and is now expected to complete by mid July 2017.

The Joint Fuels Terminal, which is 50% owned by Valero Energy (Ireland) Limited, is one of three fuel importing facilities in Dublin port. The interest being acquired was previously owned by Esso Ireland.

In a statement when the deal was announced, Applegreen said the proposed acquisition would provide it with the facility to import fuel directly from refineries, thereby securing a strategically valuable platform that provided a competitive supply for the majority of its Irish fuel requirements.

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Weekly retail fuel prices: 18 September 2017
RegionDieselLPGSuper ULUL
East120.75128.55119.84
East Midlands120.29128.81119.63
London120.7558.57130.05119.82
North East120.2059.90129.98119.40
North West120.52128.62119.81
Northern Ireland119.2369.90126.85119.03
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Wales120.35127.44119.57
West Midlands120.4262.90130.69119.84
Yorkshire & Humber120.1971.90128.67119.59

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