John Swire & Sons Limited has completed the acquisition of the assets of Biodiesel Amsterdam and its ancillary businesses. This purchase marks the first significant acquisition by the Swire group in mainland Europe. The assets will be held by Argent Energy Netherlands B.V. – a new subsidiary of the Argent Energy Group, which is in turn a wholly owned subsidiary of John Swire & Sons (Green Investments) Limited. The acquisition will transform Argent into Europe's largest supplier of biodiesel originating from waste-products.

In the five years since acquiring Argent Energy, which is based in Motherwell, Scotland, JS&S has sought to expand the company's footprint in the UK and also look for new opportunities overseas. Over the last two years, a 75,000-tonne facility has been successfully commissioned at Stanlow, Cheshire, in the UK, and is equipped to process a broad range of feedstocks and 'fatbergs' (congealed matter from the sewerage system). The acquisition of the assets of Biodiesel Amsterdam will add considerable scale and provide enhanced access to the European market. The newly acquired biodiesel facility is located in the Port of Amsterdam in the Netherlands; it produces more than 100,000 tonnes of biodiesel per annum and has a large tank farm.