St1’s Swedish arm acquires E.ON’s biogas company Biofor

In Finland, St1 Nordic Oy’s subsidiary St1 Sverige AB has signed a Share Purchase Agreement with E.ON Energilösningar AB to acquire 100% of the shares in E.ON Biofor Sverige AB. The transaction, which is subject to the fulfillment of customary closing conditions and regulatory approval, is expected to be closed by the end of June 2021. 

E.ON Biofor is a leading biogas player in Sweden with around 30% market share in traffic segment. The company has 35 biogas professionals and its operations are geographically located in the urban areas of southern Sweden as well as in Stockholm. Company produces, imports and exports biogas and delivers it to customers through several sales channels. E.ON Biofor has six biogas production and upgrading units, two of which are partly owned subsidiaries, Söderåsen Bioenergi AB and Falkenbergs Biogas AB.