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.
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