Apollo Global Management (APO) Acquires Majority Stake in AS Graanul Invest

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Go back to Apollo Global Management (APO) Acquires Majority Stake in AS Graanul Invest

Apollo Funds to Acquire Majority Stake in Leading Sustainable Bioenergy Producer AS Graanul Invest

August 4, 2021 9:00 AM EDT

Supports Companys Crucial Role in Providing Sustainable Biomass Wood Pellets to Fuel the Energy Transition and European Renewable Energy Targets

Positions Largest Wood Pellet Producer in Europe for Continued International Growth as an Industry Leader in Bioenergy Production and Supply

NEW YORK and TALLINN, Estonia, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have agreed to acquire a majority stake in AS Graanul Invest (Graanul or the... More