PDM Group acquires the UK's largest processor of used vegetable oils
21/11/2005
PDM Group has acquired the business and assets of Ashworths Products Limited, the UK's largest collector and processor of used vegetable oils and animal fats, from the administrators RSM Robson Rhodes LLP.
Ashworths' used vegetable oil refinery at Accrington will be incorporated into PDM Group’s renewable energy division to strengthen the company’s presence in the expanding vegetable oil recycling market.
“The continued development and expansion of renewable energy and bio-fuel production is central to our long-term business strategy,” explains Philip Simpson of PDM Group, “but the acquisition also allows us to offer collection and processing of used cooking oils alongside our existing market-leading nationwide food waste recycling services.”
As well as providing bio-fuels for the company's own renewable energy power plants, PDM Group will be using the acquisition as a platform to develop the supply of raw materials to partners in the rapidly expanding biodiesel production sector.
Charles Reynolds, group managing director comments “PDM Group subsidiaries Nortech Foods and T.Quality already play major roles in the production and nationwide distribution of oils and fats; the addition of used cooking oil recycling now enables PDM Group to complete the ‘chain’ through to renewable energy and biofuel production”.
Read more about PDM Group's used vegetable oil recycling operations»
Read more about PDM Group's renewable energy operations»
Read more about biodiesel»
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