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Agri-Energy, the renewable energy division of Irish
Food Processors, has announced that it has completed the acquisition
of Enva Ireland Ltd’s Foodservice Solutions cooking oils and
fats supply and recovery business.
The acquisition further reinforces Agri-Energy’s position
as the largest distributor of fresh vegetable oils and collector
of waste cooking oils in Ireland and the UK. Through this
strategic transaction, the company intends to add further
value to its customers through economies of scale in terms
of both buying power for fresh cooking oil and the degree
of superior service delivered to its customers.
Agri-Energy
is committed to producing renewable fuels with the most compelling
carbon footprint. Its chosen feedstocks of waste cooking oil
and tallow is four times more carbon efficient than feedstocks
such as rapeseed, palm oil or soy-based biodiesel.
Agri-Energy is the largest collector and processor of recovered
vegetable oils and fats in Ireland and the UK, with a market
share of over 35%, achieved through 15 strategic acquisitions
over the past two years.
The company is currently developing biodiesel plants in the
Port of Waterford in Ireland and, in the UK, at Eastham, Merseyside.
Purified tallow will be supplied by the beef processing operations
of Agri-Energy’s parent company - Irish Food Processors.
Chief Executive of Agri-Energy, Robert Behan, said - “Our
strategy is predicated on abating carbon in the most environmentally
sustainable manner - thus avoiding the food versus
fuel conflict and averting deforestation. This new investment
is a tangible demonstration of our strategy as we look to
convert waste biomass into biodiesel.”
A spokesperson for Enva said - "The decision to sell
our Foodservice Solutions division was taken to allow Enva
focus on capitalising on the strong growth potential of our
core business activities in the waste management and environmental
services sector.
"We are satisfied that this division has been purchased
by a company that has already established a strong business
that is exclusively focused on the foodservice solutions sector
and is, therefore, well placed to take business forward in
the years ahead."
Enva Ireland Ltd is a leading-edge company providing
innovative, efficient and cost-effective solutions for the
treatment and disposal of a diverse range of wastes. Its services
include - Industrial & Automotive, Hazardous Waste, Water
Treatment, Field Services, Underground Services and Soil Treatment.
For more information - Click
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