- Sunoil acquired the Kampen biodiesel plant after its bankruptcy on August 26.
- Production will restart with five employees, potentially growing to 15.
- The deal requires ACM approval and may take several months to finalize.
- Financial details of the transaction are undisclosed.
Acquisition Details
Sunoil Biodiesel has acquired the biodiesel plant in Kampen, which was declared bankrupt on August 26 due to major trade fraud. The agreement was reached with the factory's administrator, Reinier Quint of Nysingh lawyers in Zwolle.
Production Plans
Sunoil will take over all assets of the factory, including real estate, installations, and machines, and plans to restart production as soon as possible. Initially, the plant will operate with five employees, with the potential to grow to around 15 in the coming months. The factory has been non-operational for several months.
Regulatory Approval
The purchase is contingent upon approval from the Dutch market authority ACM. The transaction is expected to take several months to finalize. No further announcements will be made until the deal is closed.
Financial Information
Financial details of the transaction have not been disclosed by Sunoil.
