Weekly Market Report
Dan-Bunkering and Amoil will merge on the 1st of January 2023 under one combined brand, Dan-Bunkering.
Both Dan-Bunkering and Amoil have more than 38 years of extensive experience providing supply solutions, risk management and creating value towards their clients.
By merging the companies, Dan-Bunkering can take an even stronger position in especially the African market and bring synergies into play that will help further develop the business and cater for the growing sustainable fuels market.
Managing Director of Dan-Bunkering South Africa, Jon Hughes is looking forward to the merger.
“By joining forces with a solid and experienced brand, we are able to stand even stronger in especially the African market. We look forward to leveraging all the skills and knowledge across both companies so we can scale our business even further, and I look very much forward to welcoming the very experienced people to our team,” says Jon Hughes.
Estalished in 1984, Amoil has been operating out of Durban for the past 38 years, servicing clients as the first independent bunkering company in South Africa.
Managing Director of Amoil, Alexandros Margaritis comments:
“I am excited that two such experienced brands are partnering up and creating synergies to secure continuous growth in a volatile and changeable market. Joining forces with a well-established and global company such as Dan-Bunkering creates many opportunities for both of us, and I am confident that we as a team will stand strong in both the African but also the global bunker market.”
Dan-Bunkering is headquartered in Denmark with 11 physical locations worldwide and employs more than 100 employees.
In addition, all existing contracts and customer relations will continue unaffected by the merger.
For further information, please contact:
Jon Hughes, Managing Director of Dan-Bunkering South Africa
Alexandros Margaritis, Managing Director of Amoil
Please do not hesitate to contact us for further information