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To increase capacity, support existing production facilities and enable continued growth, AAK has acquired Dutch company MaasRefinery B.V., specialized in toll refining of vegetable oils and fats for the food industry.

MaasRefinery is located next to a deep-sea terminal in Rotterdam and has a capacity of approximately 40,000 MT with room for expansion. The plant had revenues of SEK 50 million in 2018 and has 20 full-time employees.

“We have seen strong growth within our European business over the past years and this investment will give us additional capacity and secure support for continued growth”, says Johan Westman, President and CEO.

MaasRefinery was established in 2009 and is designed according to the latest technology with processes that maximize energy efficiency and minimize oil losses. Furthermore, the company is certified according to FSSC 22000 and fulfils the requirements of Skal, Kosher, RSPO and GMP+ as well.

“MaasRefinery is a very well-managed company that focuses on conventional as well as organic oils and fats, the latter being a key focus area for AAK”, says Jan Lenferink, President AAK Europe.