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BIOPETROL INDUSTRIES AG Baarerstraße 53 / 55 6304 Zug, Switzerland http://www.biopetrol-ind.com
Contact Mr Gerd Rückel +49 69 577030031
Company logo of BIOPETROL INDUSTRIES AG
BIOPETROL INDUSTRIES AG

BIOPETROL: Acquisition of Dutch Biodiesel BV

(PresseBox) (Zug, )
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- Dutch Biodiesel has a flexible 250,000 t/a biodiesel production facility in Rotterdam, using multiple feedstocks
- Combined business creates one of the largest biodiesel producers in Europe
- Acquisition will further strengthen BIOPETROL's position across the European market

The management of BIOPETROL INDUSTRIES AG has signed an agreement to acquire the entire issued share capital of Dutch Biodiesel BV. Existing shareholders in Dutch Biodiesel will receive 27,082,855 BIOPETROL shares out of a capital increase in exchange for their holdings. The transaction is subject to shareholder approval and the customary closing conditions being satisfied by BIOPETROL and Dutch Biodiesel shareholders. Dutch
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