Eazy Grease has acquired DHT Grease Solutions, a locally-owned grease recycling company in Tallahassee, FL, marking its fourth acquisition in two years. The acquisition expands Eazy Grease's territory and increases used cooking oil collection volume across the Southeast. The company will maintain local service and leverage DHT's established relationships while implementing enhanced operational capabilities.
Eazy Grease, a leading player in the used cooking oil (UCO) collection and recycling industry, has announced its fourth acquisition in two years with the purchase of DHT Grease Solutions, a locally-owned grease recycling company based in Tallahassee, FL. This strategic move aims to expand Eazy Grease's territory and increase its UCO collection volume across the Southeast region.
The acquisition of DHT Grease Solutions will allow Eazy Grease to maintain local service and leverage the established relationships of the acquired company. Additionally, the new acquisition will enable Eazy Grease to implement enhanced operational capabilities, further solidifying its position in the market.
Eazy Grease has been actively expanding its operations through strategic acquisitions, with this being the fourth such acquisition in the past two years. The company has been focusing on increasing its UCO collection volume and expanding its service area to meet the growing demand for sustainable aviation fuel (SAF) [1].
The acquisition of DHT Grease Solutions is part of Eazy Grease's broader strategy to support the aviation industry's transition to greener fuels. SAF, when made from waste such as UCO, can have up to 80 percent less planet-heating emissions than kerosene jet fuel. This makes SAF a crucial component in reducing the aviation industry's carbon footprint [1].
By acquiring DHT Grease Solutions, Eazy Grease aims to capitalize on the growing demand for SAF and contribute to the sector's efforts to cut greenhouse gas emissions. The company's expansion into the Southeast region will provide it with access to a larger pool of UCO suppliers and enhance its ability to meet the increasing blending quotas for SAF in Europe and other regions.
The acquisition of DHT Grease Solutions is expected to have a positive impact on Eazy Grease's financial performance. The company will benefit from increased UCO collection volume and the potential for higher revenue streams. Additionally, the acquisition will enable Eazy Grease to leverage DHT's established relationships with local suppliers, further strengthening its market position.
In conclusion, the acquisition of DHT Grease Solutions by Eazy Grease represents a significant step forward in the company's expansion strategy. By increasing its UCO collection volume and expanding its service area, Eazy Grease is well-positioned to capitalize on the growing demand for SAF and contribute to the aviation industry's transition to greener fuels.
References:
[1] https://globalnation.inquirer.net/283909/how-used-cooking-oil-could-hinder-aviations-green-fuel-hopes
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