Topaz Energy, which itself was only formed 14 months ago, is preparing to merge the operations of the multi-million euro purchases it has made from Statoil and Shell. The Irish company has formed a new management team to oversee the combining of the forecourt business, valued at around E3.5 billion.
According to Finfacts Ireland, the combined operation will be run from a head office located in Clonskeagh, Dublin. However, customers will continue to see the acquired service stations display their original Statoil and Shell branding for some time. Rebranding of the portfolio of forecourts will take place at a yet to be determined future juncture.
