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Lantmannen acquires environmental fuels producer Aspen Group.

NORDIC BUSINESS REPORT-24 April 2006-Lantmannen acquires environmental fuels producer Aspen Group(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish farmers' supply and crop marketing association Lantmannen said on Monday (24 April) that its energy business, Lantmannen Energi, has agreed to acquire Swedish environmental fuels producer Aspen Group.

Aspen Group, which has a production plant for alkylate petrol near Gothenburg in Sweden, has 40 employees and an annual turnover of approximately SEK240m.

The company is said to be the market leader in alkylate petrol in Sweden and in other markets in which it operates.

No financial details were disclosed.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Title Annotation:Lantmannen Energi
Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUSW
Date:Apr 24, 2006
Words:125
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