FinCo completed the acquisition of a majority stake in GoodFuels.

FinCo, a provider of tank storage services, completed the acquisition of a majority stake in GoodNRG-backed GoodFuels, a firm specializing in sustainable biofuels. Financial terms were not disclosed. “With this acquisition FinCo Fuel Group shows its ambition and commitment to further boost the transition to sustainable mobility. GoodFuels opened the sustainable fuel market for shipping and transportation fuels among others for a new customer base in a refreshing way. With our capability and network we can further support the GoodFuels brand with its evolution," Pieter Peeters, FinCo Logistics CEO.