As part of the reorganisation of the Mabanaft Group’s end-customer business, the Petronord Group was earlier this year split into two business areas, Commercial Road Transport (CRT) and Energy Distribution (ED). With the aim to further integrate its operations, this is one of the steps to strengthen and expand its end-customer business on a solid basis, in line with the Mabanaft Group strategy.
The two companies, Lipps Energie, based in Hagen, and Uhlenbruck Energie, based in Mühlheim a. d. Ruhr, have been part of the Petronord Group for many years. Through their energy distribution business areas, they have over the decades successfully supplied the regions around their respective headquarters with energy products.
After careful consideration of several aspects and criteria in the further implementation of the Mabanaft Group strategy, the decision was taken to sell both companies’ ED divisions to Rheinland energie team GmbH & Co. KG with effect from 1st December 2023. The transaction is subject to necessary authority approvals. The automated truck service stations of both companies, which are part of the tankpool24 network in Germany, have been fully integrated into Mabanaft’s Retail unit. These will remain with unchanged ownership in the CRT division, one of Mabanaft’s strategic focus areas, geared towards further strengthening and growth.
“We would like to thank all employees in the ED areas at Lipps and Uhlenbruck, respectively, for their high level of commitment and great achievements over the many years of partnership,” says Lennard Schneider, Head of ED at Mabanaft and Managing Director of Petronord GmbH & Co. KG. “We see Rheinland energie team as a solid new owner who will take over the acquired subdivisions with their regional strengths and competent teams, and further develop them in a sustainable and successful manner.”
The Mabanaft Group is a leading independent and integrated energy company providing its customers with innovative energy solutions for their transportation, heating, industrial and agricultural needs. The group is active in import, distribution and marketing of petroleum products, natural gas liquids, chemicals and biofuels, and supports its customers’ transition to cleaner fuels by providing alternative long-term solutions.
Petronord GmbH & Co. KG is part of the Mabanaft Group, a leading independent and integrated energy company. Under the Petronord umbrella, retail companies in Germany, Austria and Sweden are active in the heating oil and diesel end-consumer business, lubricants distribution, the operation of service stations for commercial trucking fleets (“pool stations”), and the trading of bitumen, wood pellets, natural gas, and electricity.
Rheinland energie team GmbH & Co. KG is a wholly owned subsidiary of the team Group that deals in mineral oil products. The delivery area includes the Bergisches Land, the Eifel and the Sauerland, as well as the neighbouring areas such as Cologne, Bonn and Düsseldorf. With sales offices in Alfter, Bergisch Gladbach, Neuenrade and Waldbröl, Rheinland energie demonstrates presence and customer proximity.