Canada's Irving Oil has announced it is to acquire the Tedcastle Group, an Irish-based energy firm that operates under the band name Top Oil, and boasts around 200 dealer- and company-owned forecourt sites around Ireland.
With the move, Irving Oil follows in the footsteps of fellow Canadian firm Alimentation Couche-Tard, which acquired the Topaz fuel brand, Ireland's largest forecourt operator, in late 2015.