BioUrja Trading to acquire the refined products and ethanol trading and supply business and related assets of Center Oil Company.

BioUrja Trading, a leading energy commodity trading and supply company has agreed to acquire the refined products and ethanol trading and supply business and related assets of Center Oil Company, the nation's leading wholesale suppliers of gasoline, diesel and ethanol. Financial terms were not disclosed. "With the acquisition of Center Oil, we will substantially expand our commodity trading and supply platform by adding refined products like gasoline and diesel, while also expanding our already strong ethanol business. The acquisition will diversify our geographic footprint and deepen our customer base. We are very excited to have Center Oil as part of our family. This is a transformational deal for us and we are ready to move up to the next weight class in the energy sector." Amit Bhandari, BioUrja Chairman and CEO.