Inentec Chemical deal follows US-listed garbage disposal provider Waste Management (WM) exchanging its equity in S4 Energy Solutions for a stake in Inentec.
Inentec, a US-based provider of renewable fuels from waste, has acquired its joint venture chemical producer.
The joint venture partner in Inentec Chemical, Lakeside Energy, has taken a minority stake in Inentec as part of the deal. Lakeside is owned by private equity firm American Securities and partnered with Inentec in 2008 to form the chemical subsidiary.
The acquisition completes Inentec’s purchase of its joint venture subsidiaries. In October, US-listed garbage disposal provider Waste Management (WM) exchanged its equity in…
