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EQM Technologies & Energy Inc Completes Sale Of Biodiesel Production Business To Delek US Holdings, Inc.'s Delek Renewables, LLC


Friday, 11 Jan 2013 09:11am EST 

EQM Technologies & Energy Inc announced that it has completed the sale of biodiesel production facility based in Cleburne, TX and related assets to Delek Renewables, LLC, a wholly owned subsidiary of Delek US Holdings, Inc., for approximately $5.5 million in cash. EQM's tolling agreement, pursuant to which it produced biodiesel for Delek Renewables, was terminated concurrent with the completion of the transaction. Ardour Capital Investments LLC acted as financial advisors to EQM in this transaction. 

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