Sweden-headed Lantmännen Energi AB, a subsidiary of the Swedish agricultural cooperative major Lantmännen Group, has announced that it has entered into a preliminary agreement with Agencja Rozwoju Przemysłu S.A. (ARP) and the minority shareholders to acquire Ekobenz Sp. z o.o. (Ekobenz) in Poland.
Founded in 2006 by Stanisław Jabłoński in Lublin, Poland, Ekobenz has pioneered Ethanol-to-Gasoline (EtG) technology, producing advanced biofuels that significantly reduce carbon dioxide (CO2) emissions.
In 2017, the company commissioned a state-of-the-art commercial facility in Bogumiłów and established a track record of producing millions of litres of sustainable fuel.
Ekobenz currently employs 61 people, creating sales revenue of EUR 13 million (2024), and has a strong customer base in the special fuels segment, particularly within motorsports.
The planned acquisition extends and strengthens Lantmännen Energy’s position as a leader in bioenergy products by building a fully integrated and resilient supply chain for sustainable fuels.
It reduces reliance on fossil resources and delivers scalable, commercially viable solutions for sectors where electrification is not yet feasible.
With the acquisition of Ekobenz, we extend our value chain and strengthen our position as a leader in sustainable fuels. By combining proven technology with Lantmännen’s biofuel expertise, we take another step toward sustainable and scalable biofuel solutions, said Magnus Kagevik, Lantmännen’s CEO and Group President.
Leverage technical expertise
Ekobenz will be able to leverage the technical expertise of Lantmännen Biorefineries, which has a wealth of experience in producing ethanol with world-class sustainability, offering an impressive reduction of up to 98 percent of CO2 emissions compared to fossil gasoline, at its Norrköping facility in Sweden.
This will support a reliable, sustainable feedstock foundation for the production of Ekobenz’s bio-gasoline, alongside existing supply chains.
With a production facility already operational and certified in Europe, Ekobenz brings to Lantmännen Energy a long-proven technology to produce high-quality sustainable fuels.
This includes bio-gasoline, bioLPG, and bio-aromatics. The integration of Ekobenz into Lantmännen’s energy portfolio enhances its capacity to offer immediate, scalable, and infrastructure-compatible solutions to reduce greenhouse gas (GHG) emissions.
With Ekobenz, we gain valuable expertise and the capacity to produce bio-gasoline based on bio-ethanol. Combined with our existing operations, this acquisition enables us to close the value chain for sustainable fuels – from raw material to finished product, said Niklas Lindberg, SVP, Lantmännen Energy Division.
Subject to customary approvals, the transaction is expected to be completed by December 1, 2025.
