Total Acquires PitPoint B.V. to increase its growth in Natural Gas Vehicle Fuel in Europe

Total
Paris – Total is acquiring the Dutch company PitPoint B.V., Europe’s third-largest provider of natural gas vehicle fuel.  PitPoint B.V. is a market-leading integrated independent in alternative fuels with a network of around 100 natural gas fueling stations. The company is also involved in biogas, hydrogen and electric vehicle charging points for road and maritime transport. PitPoint B.V. has been growing strongly in several European countries such as the Netherlands, Belgium and Germany.
The acquisition will enable the Group to significantly increase its presence in the natural gas vehicle fuel sector, in particular to serve trucking and professional transport companies, and implement its plans to establish a network of 350 natural gas vehicle fueling stations in Europe by 2022, making Total the leader in natural gas vehicle fuel in Europe.
Click on the Next Button to Continue
Image and video hosting by TinyPic
Obineme Ndubuisi Micheal, Editor, Content, Technical and Creative Writer covering the entire value chain of the Energy, Mining, Oil and Gas Industry. Oil and Gas Republic focused its publication in Renewable/Energy, Mining, Oil & Gas Industry.

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Get Our Free Newsletters

Enter Your Email Below To Get Our Latest News, Jobs, Events, Articles, Magazines, Tenders Delivered To Your Email - It's Free!!