IMAP advises ABE Capital Partners on acquisition of investment stake in Oleofat
Oleofat specializes in the treatment of by-products and waste derived from the oil industry and its subsequent manufacture into biofuels and other technical products for cosmetics and nutraceuticals
IMAP is pleased to announce that private equity fund ABE Capital Partners has acquired an investment stake in Oleofat.
Founded in 2015 and based in Spain, Oleofat specializes in the treatment of by-products and waste derived from the oil industry and its subsequent manufacture into biofuels and other technical products for cosmetics and nutraceuticals. The company has experienced significant growth in recent years as a result of R&D investments and portfolio expansion, generating annual revenues of around €40 million.
ABE Capital Partners is a private equity firm based in the Basque Country. The investment in Oleofat will allow the company to strengthen its position in the Advanced Chemicals sector and expand its reach to new markets.
The team from IMAP Spain, led by Alejandro Azcona and Aitor Cayero, advised ABE Capital Partners on the investment.