Neste completed the acquisition of Mahoney Environmental.

Neste, an oil refining and marketing company, completed the acquisition of Mahoney Environmental, which offers shortening, table oils, margarine, and other edible fats and oils. Financial terms were not disclosed. "The completion of this transaction is an important step forward in delivering on Neste’s growth strategy in renewables and in strengthening our global renewable raw material platform, building on the company’s acquisition of Dutch animal fat trader IH Demeter in 2018. I am happy to welcome Mahoney personnel to our joint journey on creating a healthier planet for our children," Peter Vanacker, Neste President and CEO.