VARO Energy has completed its acquisition of Sweden’s Preem AB, formally creating VAROPreem and marking the successful delivery of its ONE VARO transformation strategy launched in 2022.
Following regulatory approval, the combination brings together two complementary energy businesses to form one of Europe’s most significant energy companies, with scale across conventional and renewable fuels and a strong industrial and trading platform.
VAROPreem becomes the second-largest renewable fuels producer in Europe, one of the top six globally, and Europe’s third-largest independent refiner.
The company serves business customers across 33 countries through six strategically located manufacturing hubs and access to more than 120 terminals, meeting around 10% of European mobility demand in the road and marine sectors.
Full story VARO completes acquisition to create VAROPreem | Bioenergy Insight Magazine
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