Poland greenlights ADM purchase of Elstar Oils

In Poland, the Polish Office of Competition and Consumer Protection has approved the purchase of Elstar Oils, by ADM Nederland, giving ADM operational control of the company. Additionally, yesterday ADM Nederland acquired the remaining 2.26 percent of Elstar Oils shares, and now owns 100 percent of this company.  Elstar, located in northern Poland, operates a rapeseed crushing, refining, solid-fat packaging and oil bottling facility in Czernin and a fully-automated biodiesel facility in Malbork.  Antitrust authorities in Austria, Germany, the Slovak Republic and Ukraine have also approved the sale.