Tedcastles Oil Products

Tedcastles Oil Products
Unlimited company
Industry Fuel
Founded March 22, 1960 (1960-03-22) in Dublin, Ireland
Area served
 Ireland

Tedcastles Oil Products, Ltd. (TOP) is an Irish petrol company founded in 1960 which trades under the brand name "TOP". Before a rebranding in 1998, the company traded as "Tedcastle's Oil". It is a subsidiary of Tedcastles Holdings Limited. Top Oil is a medium-sized Irish distributor of petroleum fuels. Top Oil is a family owned Irish business with a 200 year trading history. Top Oil sells over 1.6 billion litres of fuel throughout Ireland annually. Top Oil owns and manages its own 55,000 tonne import terminal to provide a true end-to-end solution, from ‘Port to Pump’ ensuring security of supply of Quality Assured fuel products for consumers and businesses. Top Oil’s nationwide network of 205 Top Oil Service Stations, motorway service areas, Top Oil Fuel Card locations, resellers and 22 Top Oil Depots continues to grow, nationwide.

Petrol stations

The company operates petrol stations[1] mainly outside Dublin. It has over 205 locations nationwide ( 25 of them are company owned). In 2010, Top Oil acquired a fuel company in Galway called Sweeney Oil, out of receivership for a nominal purchase price . Top oil have grown in recent years through vulture purchasing of distressed oil companies from bank receivership, examples including Tougher Oil in Kildare and Sweeney Oil in Galway. In late 2010, Top Oil's 6 separate sites were finally opened along the Galway motorway, which are all in alliance with Applegreen[2]. In 2012, the brand was changed to Top Oil – Fueling Ireland and in 2016, the company re-entered the forecourt shop sector with the acquisition of 10 company owned locations.

Convenience stores

From 1998 to 2004, the company operated a convenience store chain on a franchise basis with ADM Londis. These stores were known as "Londis Topshop". This allowed forecourts to become franchisees of both Londis and TOP at once. However it also had high street stores in competition with ADM Londis itself. In 2004, the stores were acquired by ADM and rebranded to simply Londis.

In 2018, Top Oil works in partnership with a number of retailers across their network including SPAR, Mace and Daybreak.

Competition

Top Oil's main competition comes from (Esso - Trading as Topaz In Ireland), Texaco, Valero, Topaz, Emo, Inver Energy and Maxol.

References

  1. ↑ "Filling station". Wikipedia. 2018-02-18.
  2. ↑ "Petrogas". Wikipedia. 2018-01-27.

- http://www.sirio.ie/

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