In California, Ocean Park says North American biofuel M&A activity was slow in 2019 due to thin margins, but even so that there wasn’t a single large-scale operating biofuel plant that was sold was rare. It said three ethanol plants representing 226 million gallons of installed production capacity, four biodiesel plants totaling 99 million gallons […]
By Bruce Comer, Founder and Managing Director, Ocean Park Special to The Digest Slowdown in North American biofuels Mergers and Acquisitions as thin margins and policy uncertainty hung over industry. Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during […]
In Canada, Atlantic Biodiesel Corporation recently closed on the sale of its Canadian biodiesel plant to VERBIO Diesel Canada Corporation. Ocean Park acted as exclusive financial advisor to Atlantic Biodiesel on the transaction. The purchaser is a wholly owned subsidiary of leading German bioenergy producer VERBIO Vereinigte BioEnergie AG (“VERBIO”). VERBIO first announced that it […]
