Announced
Completed
Financials
Sources
Tags
Acquisition
biofuels
United States
Private
Majority
Single Bidder
Alternative Fuels
Friendly
Domestic
Completed
Synopsis
POET, a producer of ethanol and other biorefined products, completed the acquisition of a biofuel business from Flint Hills Resources, a refining and manufacturing company. Financial terms were not disclosed. “This acquisition will increase POET’s ability to bring even more high-quality, plant-based biofuels and bioproducts to the world—allowing us to have an even bigger impact on fighting climate change and cleaning our air,” Jeff Broin, POET Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.