New Joint Venture: TOTAL and Mühlenbruch Stinnes to Merge Heating-Oil Business in Bremen and Bremerhaven
The joint venture will be equally managed by TOTAL and Mühlenbruch Stinnes, a subsidiary of Petronord GmbH & Co. KG. In addition to the heating-oil business for private and commercial end consumers as well as diesel and AdBlue® for commercial customers, Mühlenbruch Stinnes TOTAL GmbH will also sell pellets, electricity, and natural gas.
The jobs of the 15 employees affected at the Bremen and Bremerhaven office locations will all be retained. In Bremen there was only a move within the city.
"With Mühlenbruch Stinnes we have found a strong partner in the region. Together we can continue to supply our customers with energy reliably and at attractive prices,” says Jan Petersen, Managing Director of TMG.
Peter Prien, Managing Director of Mühlenbruch Stinnes: "In general, everything remains the same for our customers: We continue to offer them high product quality and comprehensive service. Also the proven technical competence and the personal availability of the well-known partners of both companies is united in the Mühlenbruch Stinnes TOTAL GmbH.”
Managing directors of the new structure are Peter Prien and Uwe Rettinghausen, Sales Director End Consumer at TMG. The joint venture acts as a brand partner of TOTAL, so that customers can find both partners in it.
Petronord is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Germany. 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.