Sale of Walco Foods to Neste

PUBLISHED: 3rd August 2022

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LK Shields acted for the Vendors of Walco Foods, a leading Irish trader of animal fats and proteins, on an agreement to sell the company to Neste (NESTE, Nasdaq Helsinki).

The transaction is subject to fulfilment of the customary closing conditions and regulatory approval.

 

Neste is the world’s leading producer of renewal diesel and sustainable aviation fuel produced from waste and residue raw materials. Walco Foods was established in 1996 as a family-run business. The in-depth knowledge and market understanding developed over the years has helped Walco Foods become a leading animal fat and by-products trading company in Ireland.

 

Jennifer McGuire, Partner, led the LK Shields team with assistance from James Byrne, Jennifer O’Neill, Ruairi Mulrean, Elaine O’Connor, and Daniel Keegan.

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