27.01.2009 | Ad hoc announcements
VERBIO secures 25.2 per cent of Neckermann Renewables Wittenberg GmbH
Zörbig/Leipzig, 27 January 2008 – VERBIO Vereinigte BioEnergie AG (VERBIO) has acquired 25.2 per cent of Neckermann Renewables Wittenberg GmbH, Wittenberg.
The shares were acquired by exercising an option right. It was agreed not to disclose the purchase price.
By taking a stake in Neckermann Renewables Wittenberg GmbH, VERBIO – as one of the largest regional processors of rapeseed oil – now has access to the oil mill in Wittenberg, which enables 500,000 tonnes of rapeseed to be processed each year. This corresponds to a production capacity of 200,000 tons of rapeseed oil per year. VERBIO intends with the investment to further improve its own provision with rapeseed oil.
VERBIO Vereinigte BioEnergie AG
Phone: +49 (0) 341 30 85 30 94
Fax: +49 (0) 341 30 85 30 98
Information on VERBIO Vereinigte BioEnergie AG
The VERBIO Group is one of the leading producers and suppliers of biofuels and also the only industrial-scale producer of biodiesel and bioethanol in Europe. Nominal capacity currently amounts to around 450,000 tons of biodiesel and 300,000 tons of bioethanol per year. The company has developed its own processes and innovative technologies for the production of biodiesel and bioethanol. It supplies its products directly to European mineral oil corporations, mineral oil traders, independent gas stations and haulage companies. VERBIO AG also markets high-quality pharmaglycerin for the consumer goods and cosmetic industries (glycerine is a by-product of biodiesel production). Within the Group, VERBIO AG acts as the management holding company. The Group's operating business is run by its subsidiaries: VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG, VERBIO Ethanol Schwedt GmbH & Co. KG and VERBIO STS AG.
< back to overview