Ardova Overview

  • Year Founded
  • 1964

Year Founded

  • Status
  • Private

  • Employees
  • 169

Employees

  • Latest Deal Type
  • 2ndary - Private
  • (Upcoming)

  • Financing Rounds
  • 9

  • Investments
  • 2

Ardova General Information

Description

Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provides aircraft refueling operations at its Aviation Joint User's hydrants in Ikeja and Joint Aviation depots in Abuja, Port Harcourt, and Kano as a provider of aviation fuel for local and international airlines. It also procures and markets Liquefied Petroleum Gas. It manufactures and distributes a wide range of quality lubricants, which include Super V, Visco 2000, and Diesel Motor Oil from its lubricating oil blending plant at its Apapa terminal in Lagos. The company is the sole authorized distributor of Shell Engine Oils and Lubricants for the Nigerian market. the company is also into renewable energy.

Contact Information

Formerly Known As
Forte Oil plc., African Petroleum Limited (AP)
Ownership Status
Privately Held (backing)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 1 AP/ConOil Road
  • Ijora-Apapa
  • Lagos
  • Nigeria
+234
Primary Industry
Gas Utilities
Vertical(s)
Corporate Office
  • 1 AP/ConOil Road
  • Ijora-Apapa
  • Lagos
  • Nigeria
+234

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Ardova Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Ardova Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provid
Gas Utilities
Lagos, Nigeria
169 As of 2021

Nairobi, Kenya
 
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Ardova Competitors (1)

One of Ardova’s competitors is Hass Petroleum Group, a Corporate Backed or Acquired company based in Nairobi, Kenya.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hass Petroleum Group Corporate Backed or Acquired Nairobi, Kenya
You’re viewing 1 of 1 competitors. Get the full list »

Ardova Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Ardova Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Ardova Acquisitions (2)

Ardova’s most recent deal was a Merger/Acquisition with Powergas Global Investments Nigeria. The deal was made on 25-Sep-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Powergas Global Investments Nigeria 25-Sep-2026 Merger/Acquisition Gas Utilities
Enyo Retail and Supply 15-Nov-2021 Merger/Acquisition Other Utilities
To view Ardova’s complete acquisitions history, request access »

Ardova Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Enyo Retail and Supply Lagos, Nigeria 2017

Ardova FAQs

  • When was Ardova founded?

    Ardova was founded in 1964.

  • Where is Ardova headquartered?

    Ardova is headquartered in Lagos, Nigeria.

  • What is the size of Ardova?

    Ardova has 169 total employees.

  • What industry is Ardova in?

    Ardova’s primary industry is Gas Utilities.

  • Is Ardova a private or public company?

    Ardova is a Private company.

  • What is Ardova’s current revenue?

    The current revenue for Ardova is .

  • Who are Ardova’s investors?

    Phoenix Global Resources has invested in Ardova.

  • Who are Ardova’s competitors?

    Hass Petroleum Group is a competitor of Ardova.

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