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Trafigura to acquire Greenergy's Canadian business
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Trafigura to acquire Greenergy's Canadian business
May 8, 2024 2:18 AM

May 8 (Reuters) - Commodity trader Trafigura has

expanded its agreement with Brookfield Asset Management and its

listed affiliate Brookfield Business Partners ( BBU ) to include

Greenergy's Canadian supply operations for an undisclosed sum,

it said on Wednesday.

The company in March agreed to acquire Greenergy's European

business.

Greenergy is a UK-based supplier of road fuels and a

biodiesel producer with manufacturing plants in the UK and the

Netherlands. It entered the Canadian market in 2013 and provides

a variety of road fuels including higher percentage biodiesel

blends from its rail-fed terminals in Ontario and British

Columbia.

The acquisitions are subject to customary closing conditions

and regulatory approvals.

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