Eco Fox
Fineurop Soditic acted as exclusive financial advisor to Fox Petroli S.p.A. in the signing of an agreement with Q8 for the sale of a 50% stake of Eco Fox S.r.l.
Eco Fox is a leading Italian player active in the biogenic fuels market, specialized in the production and trading of advanced biodiesel. It operates through a proprietary manufacturing facility in Vasto, with a nameplate of 200,000 tons/year and a 30,000 m3 storage capacity.
Eco Fox is a company with undisputed standards of excellence that are also highlighted by the several independent certifications obtained, such as the ISCC (International Sustainability & Carbon Certification), the Italian National Certification System for the sustainability of biofuels and bioliquids, the Iso 9001:2015 for Quality, 45001:2018 for Occupational Health and Safety, and 14001:2015 for the Environment.
The transaction, subject to the approval of the Competition and Market Authority and the Golden Power regulation, allows Q8 to directly enter the sustainable liquid biofuel production chain, contributing to the decarbonisation of the transport sector.