28 April 2017
In April 2017, Bol realised both the refinancing of its existing facilities (including the extension of its working capital financing) as well as an additional acquisition facility with partnerbank Rabobank. Integrated Finance Solutions (IFS) adviced and assisted Bol throughout the entire refinancing process.
BOL
Bol, established in Dronten, has been a family business since it was started by Wim and Bep Bol in 1962. Hans Bol continued to further build & extend the business which lead to Bol becoming the official supplier of Shell fuels & products for customers in eastern Flevoland.
By 2016, Bol has grown into a middle sized company with approximately € 130 million turnover and 43 employees. With its product range in fuels and propane, the company operates under its own ‘Super’-label. Supertank: 18 is the best known (unmanned) petrol station throughout the ‘Randstad’ and Flevoland.
Based on a strong company identity and distinctive cost leadership, Bol has a strong position as medium-sized fuel trader.
Both the acquisition facility and extension of the working capital financing provided by partner bank Rabobank shall support the realisation of the Bol company strategy.
Based on a strong identity and distinctive cost leadership, BOL’s position as medium-sized fuel trader is good, with a focus on being an alert player in possible consolidations. Its ‘Super’ label augments any expansion within the fuel- and propane market. Both the acquisition facility and extension of working capital financing provided by house bank Rabobank shall support the multi annual strategy of BOL.
More information?
For more information please contact Integrated Finance Solutions at +31 30 7602110.
