Comfort Energy Group has acquired a majority stake in Future Fuels
September 2023 — Comfort Energy Group, a Belgium-based liquid fuels service group, has acquired a majority stake in Future Fuels, a Netherlands-based leading supplier of sustainable fuels. This acquisition further strengthens Comfort Energy’s position in the sustainable fuels sector.
Future Fuels, founded in 1871 and headquartered in the Netherlands, specializes in the import, sale, blending and distribution of sustainable fuels. The company has a particular focus on high blends and pure renewable quality diesel fuels based on hydrotreated vegetable oil (HVO), such as Neste MY and their proprietary blend, Blauwe Diesel. Additionally, Future Fuels also provides lubricants and other technical materials such as AdBlue.
Comfort Energy Group is a full-service provider in the field of liquid fuels. The group consists of several companies, including Comfort Energy, All-in Tank Service, Martens Cuve Services, and TVW Fuel Trucks. The group’s services include the distribution of fuel oil, the sale and installation of new fuel oil tanks, as well as cleaning and inspection services for existing fuel oil tanks.
Comfort Energy Group is part of Hasco Invest, a Belgium-based private holding firm that has a long-term vision and a high level of involvement with the companies it invests in. Hasco Invest aims to support the growth of its portfolio companies and help them reach their full potential.
Comfort Energy Group plans to further bolster and expand Future Fuels’ national and international presence. The acquisition of Future Fuels is part of the company’s broader strategy to strengthen its position in the European market for sustainable fuels.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholder of Future Fuels. The team in Belgium helped identify the buyer and supported the transaction.
Talk to the deal team
Joris Gijsbers
Oaklins Netherlands
Sander van 't Spijker
Oaklins Netherlands
Related deals
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreBolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.
Learn more