'in good hands'

Fieten Oil and OQ Value join forces: announce acquisition Slump On

Met het samengaan van Fieten Olie, OQ Value en Slump On ontstaat een combinatie van drie organisaties die zich elk richten op hun eigen specialisme binnen een veranderende energiemarkt. Foto: Fieten Olie, 2025

Hollandscheveld-based Fieten Olie and Lichtenvoorde-based OQ Value have entered into a strategic partnership. The first step in the partnership is the proposed joint acquisition of Slump On from Leeuwarden.

Combining Slump On’s expertise and infrastructure with Fieten Olie’s network and OQ Value’s business position will create ‘a solid basis for further growth, innovation and sustainability’, according to the three companies. As a result of the proposed acquisition, Slump On will have a new shareholder structure. At this stage, the company will remain fully operational as customers and suppliers are used to. At the same time, Slump On will become an important component within the strategic cooperation between Fieten Olie and OQ Value. According to the initiators, this will explicitly preserve and utilise Slump On’s current strengths. The move will give Slump On new shareholders and create a strong combination of three organisations, each focusing on its own specialism within a rapidly changing energy market.

In good hands

With the sale, CEO Laurens Slump of Slump On says he is giving the company room to enter a new phase. His commitment and dedication have brought Slump On to where it is today and provide a solid foundation for this next step. “It is with confidence that I hand over Slump On to Fieten Olie and OQ Value,” says Slump. “I am proud of what we have built together and know that our customers and employees are in good hands with these parties.”

According to Fieten Olie’s ceo Richard Fieten, joining forces creates “more focus”. “Together, we can give Slump On a solid place within our common future,” he said. Ceo Gerard Jansen Holleboom of OQ Value argues that Slump On brings valuable knowledge and regional strength. “Together, we can further strengthen our position in both retail and B2B.”

Elaborate

For customers of all three organisations, nothing will change with the proposed acquisition.Slump On will continue to operate in its current form and from its existing location, with the same contacts and the same services. The coming time will be used to further elaborate and carefully shape the cooperation. Slump On will join after ACM approval with its well-known regional network, customer-oriented approach and operational experience. Fieten Olie will continue to focus on the petrol station network and OQ Value on corporate customer trading.

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This article was automatically translated from the Dutch language original to English (British).

Author: Paul Blonk

Source: MobilityEnergy.com

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