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Synopsis
SD Guthrie, a producer of certified sustainable palm oil, completed the acquisition of a 48% stake in Marvesa, a company specialising in the sourcing, blending, and distribution of oils and fats to the animal feed and biofuel industries, from Parcom, a private equity firm, for €54m. “This acquisition positions us for long term success across emerging markets. To stay ahead of market demands and regulatory changes, it is crucial that we work together with strong, like-minded partners. Our position in Europe is now stronger and we will be able to build more robust relationships,” Shariman Alwani, SDGI CEO.
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