What we do

Greenbit helps society to reduce climate impact by taking the lead in the sale, marketing and retailing of transport and commercial fuels, heating oils and related products and services.

We are an ambitious and entrepreneurial business operating  in Norway and Sweden to supply products and services used by millions of people daily.

 

Greenbit sells renewable and non-renewable fuels to both B2B and B2C customers. Our ambition is to become 100% renewable by 2030 through the sales of renewable fuels that fit existing engines and infrastructure.

6 Sales Offices

in Oslo, Stockholm, Gävle, Sundsvall, Sollebrunn, Göteborg and Trelleborg

4 Fuel Terminals

in Norway/Sweden

140 Fuel stations

Strategically located in Norway and Sweden

B2C and B2B

B2B customers within transportation and agriculture in Norway and Sweden

Own Distribution

80 Employees

Business idea
and strategy

“Our mission is to help society reduce its climate impact by replacing fossil fuels with renewable fuels in existing infrastructure”

Producing and selling

By producing and selling renewable liquid fuels, Greenbit will drive the development of sustainable fuels with its own process from production to sold product. The aim is to become the market player enabling the replacement of fossil fuels into renewables, both as a producer and distributor.

Greenbit offers renewable fuels to both B2B and B2C customers in Sweden and Norway. In addition, Greenbit has an ownership interest in Colabit Sweden AB planning for the establishment of a  new biorefinery based on a  production process for renewable petrol, diesel and jet fuel from biomass. The biorefinery will meet the increasing demand for renewable fuels, both as a pure (100%) product and for blending according to reduction obligations.  Greenbit´s ambition is to establish a similar facility in Norway.

Unitl a  large-scale production is in use, Greenbit continues to focus on the sale and distribution of fuels and renewable fuels from other manufacturers directly to B2B customers and through own filling stations in the Norwegian and Swedish fuel markets.

Greenbit continues to grow through the establishment of strategically located filling stations with an increased range of renewable and sustainable products.

Greenbit´s growth strategy is mainly based on organic sales growth in bulk and station sales and in strategic acquisitions. The establishment of a full-scale production facility ensures the Group’s access to renewable products in the future.

Size matters – growing through acquisitions
Greenbit is proactively looking for good merger and acquisition opportunities that will enhance the business. Greenbit management team and board members holds extensive experience within the industry and have completed several successful merger and acquisitions.

Sales

Greenbit manages the marketing, sales and distribution of liquid fuels through bulk deliveries to customers with own fuel tanks and to filling stations.

7 Sales Offices

in Oslo, Stockholm, Gävle, Sundsvall, Sollebrunn, Göteborg and Trelleborg

7 Fuel Terminals

in Norway/Sweden

140 Fuel stations

strategically locateted in Norway and Sweden

B2C and B2B

B2B customers in several segments in Norway and Sweden

Own Distribution

Greenbit operates logistics through own vehicles and 3rd party haulage. All transport planning is handled in-house. Distribution optimization though delivery to both bulk customer as well as to retail station network ensuring high utilization of transport capacity

Our brands

Greenbit fuel and renewable fuel business operates through these brands:

“A pure-play fuel retailer with 35 fully automated gas stations with strategic locations in high-density areas”

  • Low͟-cost operator located in congested areas with high steady throughput

  • Automat 1’s network of unmanned stations is located in high population areas — solid position in local markets, recognized as the best on low price

  • In combination with aggressive pricing and loyalty payment cards, Automat 1 achieves high customer stickiness

  • Automat 1’s network of gas stations is among the newest and most modern in Norway –an integral part of the lean operations and results in low and transparent maintenance capex

“Distribution  of both renewable and non-renewable fuels across the B2B and B2C markets “

  • Since 2013 Colabit has increasingly focused on offering customers renewable fuel alternatives, in addition to fossil fuels
  • Own distribtion nework
  • Offering delivieries to customers own tanks or through 90 strategically located fuel stations
  • Typical customer segments are transport, construction, state, municipality, agriculture and industry

“ One of Norway’s leading
specialists in the biofuel market”

 

  • Large volume customers with environmental focus
  • Delivering certified biofuel to chosen retailers, long term contracts in Sweden and Norway
  • Replacing fossil heating oil for more than 10 years in the Norwegian market