Neste to acquire Mahoney Environmental to strengthen its growth strategy and position in renewable raw material sourcing
Neste Corporation, Press Release, 10 March 2020 at 9.55 p.m. (EET) Neste, the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. The transaction is subject to the fulfillment of customary closing conditions and regulatory approval. “This is another important step for Neste in the execution of our growth strategy. With this acquisition we will gain