Argos Tankstations

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Argos Tankstations - overview

Established

2003

Location

Rotterdam, -, Netherlands

Primary Industry

Oil & Gas

About

Argos Tankstations operates a network of over 200 gas stations across the Netherlands, providing competitively priced fuel and innovative payment solutions for both private and commercial vehicle owners. Founded in 2003 in Rotterdam, Netherlands, Argos Tankstations is a fuel service provider that operates through a network of gas stations. The company was acquired by VARO Energy Marketing AG in May 2015, with the deal completed in September 2015. Jon Wallace serves as the CEO.


Argos Nederland primarily offers fuel services through a network of over 200 gas stations located throughout the Netherlands. Their core product is the provision of competitively priced fuel, aimed at ensuring cost-effective refueling for both private and commercial vehicle owners. In addition to traditional fuel offerings, Argos provides innovative solutions such as the Argos Tank and Charge Card, which simplifies the payment process for fuel and electric vehicle charging, thereby catering to a growing demand for sustainable energy solutions. The company also delivers high-quality lubricants under the Argos Oil brand, which serve various applications across different sectors, including automotive and industrial uses.


The target customers encompass individual drivers, corporate fleets, and various industries requiring reliable lubricant products. Argos operates in several European markets, with a strong emphasis on enhancing the customer experience and safety through value-added services and promotions. Argos Nederland generates revenue primarily through the sale of fuel and lubricants at its gas stations, as well as through the issuance of its Tank and Charge Cards, which facilitate payment transactions at affiliated charging points. The company’s pricing structure is designed to provide competitive rates to consumers, with specific discounts applied based on the use of their loyalty programs.


Revenue flows from direct consumer sales in retail settings, as well as through partnerships with reseller companies, such as GP Groot Energie and Van Kessel Olie, which enhance their distribution channels. The revenue model supports both B2C and B2B transactions, with commercial clients benefiting from tailored services and pricing structures suited for fleet management and operational efficiency. By leveraging its extensive network and strategic partnerships, Argos aims to maintain a steady flow of transactions in an evolving energy market. Following the acquisition by VARO Energy Marketing AG, Argos is focused on strategic growth through innovation and market expansion.


Plans include launching a new product line of sustainable fuel options set for release in late 2023. Additionally, Argos aims to expand its presence into neighboring European markets, specifically Belgium and Germany, by 2024, leveraging its established infrastructure and expertise in the fuel sector. The recent acquisition funding will support these initiatives, enhancing operational capabilities and facilitating entry into these new markets.


Current Investors

Vitol SA, VARO Energy Marketing AG

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services, Power & Utilities

Website

www.argos.nl

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Argos Tankstations - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedArgos Tankstations-

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