Aneo, HitecVision and St1 Form 1Vision Biogas to Consolidate Ownership of Biokraft International

December 18, 2023

Aneo Renewables, HitecVision and St1 intend to consolidate their Biokraft International shareholdings into a newly formed holding company, 1Vision Biogas, which would hold approximately 55% of Biokraft and trigger a mandatory public offer for the remaining shares. The consolidation is conditional on regulatory clearances; 1Vision Biogas intends to make a cash offer of SEK 20.65 per share and to support Biokraft’s growth, including construction of new biogas plants in Germany and Sweden.

Buyers
Aneo Renewables Holding AS, HitecVision (HV Daytona Holding AS / Daytona Holdco AS), St1 (St1 Sverige AB / St1 Nordic Oy), 1Vision Biogas AB
Targets
Biokraft International AB
Industry
Renewable Energy
Location
Stockholm County, Sweden
Transaction Type
Buyout

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