FinCo Fuel Group, GoodFuels Join Forces
FinCo Fuel Group announced on Monday it has acquired a majority stake in GoodNRG, holding company of renewable fuels firm GoodFuels.
The acquisition will enable GoodFuels to tap into the complimentary sourcing, supply management and logistics expertise of the wider FinCo Fuel Group, it said.
Pieter Peeters, CEO, FinCo Fuel Nederland, said: “With this acquisition, FinCo Fuel Group is sending a clear signal about our ambition and commitment towards supporting the sustainable mobility transition.
“With our strengths and deep network we can further support the GoodFuels brand with its continued evolution.”
Dirk Kronemeijer, CEO, GoodFuels, added: “In FinCo Fuel Group we find a partner who will support us in maintaining and growing our position in this vital market and who understands and respects our impact driven sustainable DNA. The need for positive, progressive and proven sustainability solutions has never been greater across these sectors, which must now strive for full carbonation. Together with FinCo, we can fulfill our joint mission and realize a cleaner, greener transportation sector.”