Lantmännen Agroenergi sells Renewable Fuels Ltd

Lantmännen Agroenergi AB has reached an agreement to sell its former UK subsidiary Renewable Fuels Ltd. to the specialist bio energy company Coppice Resources Ltd. The sale is another step in Lantmännen Group's strategy to become leaner and more focused. The transfer is effective from 1 December 2010.Under this agreement Coppice Resources Ltd (CRL), has acquired the company and its short rotation coppice (willow) contracts and will transfer the activities to their operating offices at Retford in Nottinghamshire. CRL was established in 1999 and since then has invested in SRC crops,