en.Wedoany.com Reported - Fintoil has secured a €105 million investment, aiming to become Europe's leading biorefinery company. Norwegian private equity investor HitecVision, which focuses on the energy sector, has jointly made this investment in the Fintoil group structure alongside existing major shareholder Taaleri.

Fintoil's competitiveness stems from its biorefinery in Hamina, one of the world's most advanced crude tall oil (CTO) refining facilities. Fintoil provides high-quality, sustainable products to the global biofuel and biochemical industries, and continuously innovates new products based on customer needs.

This investment will strengthen Fintoil's balance sheet, support the ongoing operational scaling at the Hamina plant, and drive organic growth through industrial investments, while also evaluating further growth options.

At the core of Fintoil's strategy is a significant expansion of its business within this decade. In recent years, the company has achieved strong annual revenue growth of tens of millions of euros. Looking ahead, Fintoil targets revenue of €138 million in 2025 (compared to €96 million in 2024) and aims to achieve an EBITDA margin of approximately 20% by 2030.

Currently, the company's focus is on fully unlocking the potential of the Hamina plant while expanding its product portfolio and establishing a strong global market position. Through industrial investments, the company is shifting sales towards higher-value end markets and continuously optimizing its product portfolio to improve EBITDA margins.

Fintoil CEO Ari-Pekka Määttänen stated that this funding round significantly enhances Fintoil's ability to execute its growth strategy. They are focused on scaling production while developing and optimizing the product portfolio, actively preparing for new investments and other growth opportunities. He expressed great satisfaction with the long-term partnership with Taaleri and warmly welcomed HitecVision's support for the company's next phase of growth.

Fintoil's development reflects the transformation of the energy industry, with the growing role of renewable energy and sustainable solutions. Supported by the implementation of RED III and national renewable energy mandates across Europe, demand for advanced biofuels is growing strongly. Fintoil aims to become a key player in this market by offering a broad range of solutions based on modern and cost-effective production to replace fossil-based raw materials.

Taaleri CEO Ilkka Laurila stated that Fintoil holds a highly attractive position in a rapidly growing market. The company's strategy combines operational development, a scalable business model, and active exploration of new growth opportunities, including industry consolidation.

HitecVision Senior Partner Jan Harald Solstad said they have closely monitored the biofuel market, and Fintoil stands out due to the quality of its biorefinery and the flexibility of its business model. Their investment supports clear plans for expanding capacity and industry consolidation.

Fintoil is a biorefinery located in Hamina, specializing in the refining of crude tall oil (CTO), with its products used in biofuels and biochemicals to replace fossil-based raw materials. The plant commenced operations in September 2022. In the 12 months ending March 31, 2026, Fintoil achieved revenue of €149 million and EBITDA of €9 million.

Taaleri is a Helsinki-based private investment, private asset management, and non-life insurance specialist, managing assets of €2.7 billion and employing approximately 130 professionals. HitecVision is a Norwegian private equity firm that has raised approximately €9 billion in capital from a high-quality investor base.