Walco Foods has been acquired by Neste Corporation
Neste Corporation, the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has acquired 100% of Walco Foods, an Irish trader of animal fats. This strategic acquisition adds trading capabilities in Ireland to its portfolio.
Walco Foods was established in 1996 as a family-run business. The in-depth knowledge and market understanding developed over the years has helped Walco Foods become a leading animal fat and by-products trading company in Ireland.
Headquartered in Finland, Neste refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials thanks to its proprietary NEXBTL technology. This allows the company to turn a wide variety of renewable waste and residues and oils into premium fuels and other products.
Oaklins’ team in Ireland acted as the exclusive M&A advisor to the shareholders of Walco Foods on their sale to Neste Corporation.
Talk to the deal team
Related deals
Jeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
Learn moreDHL Global Forwarding has sold its specialized fine art logistics business to MTAB AB
Following a review of the current business environment, DHL Global Forwarding has decided to divest its Norwegian fine art business to MTAB.
Learn moreACTEAM ENR has been acquired by Butagaz Group
Butagaz Group has acquired ACTEAM ENR as part of a wider strategy to expand their solar energy portfolio.
Learn more