Gabriëls Family: The Belgian Fuel Giant with Assets in excess of 50 Million Euros
Gabriëls family
The Gabriëls Family, known for its fuel and heating oil distribution, is located in Aalst and is ranked Top 620 in terms of wealth, with assets of €49,117,000. The company's history dates back to 1932, when it started out as a small family oil and grease business in Erpe-Mere.
- Starting up: Founded by Maurice Gabriëls at Erpe-Mere
- Early development: Fuel reserves at Mere with a capacity of 2.5 million liters
- Expansion: Became a public limited company in 1970 and moved to Hofstade-Aalst
- Innovation: Introduction of the Gabriëls fuel card in the 90s
With the rise of service stations in the 90s, Gabriëls expanded its operations, including the supply of car washes and innovation with tankkaarts (fuel cards). Their fleet counted, in 2010, more than 70 service stations and 23 tankers, in addition to two vessels to transport fuel oil.
Transport logistics information:
- First vessel acquired: "Le Piraat" in 2006, converted into a tanker in 1994
- Capabilities: It is 50m long, 6.60m wide with a draught of 3m.
- Itinerary: From Hofstade-Aalst to the rrefineries in Antwerp, three times a week
The recent acquisition in 2019 of the Power energy group Dewulf family has significantly enlarged Gabriëls. This operation enabled Gabriëls to achieve sales of half a billion euros and operate a network of 185 service stations across Belgium, strengthening its position as one of the largest independent distributors of fuel and heating oil.
- Recent acquisition: Power, with sales of of half a billion euros
- Extended network: 185 service stations under the banner of the
The Group has consolidated its dominant presence in Oost-Vlaanderen, and the acquisition of Power has strengthened its presence in regions such as West-Vlaanderen and Henegouwen. The Gabriëls family has assets of over 50 million euros.
