Birch Hill Equity Partners cashes out of biodiesel producer BIOX
Canadian private equity firm Birch Hill Equity Partners has sold its interest in BIOX Corp (TSX: BX), a Hamilton, Ontario-based producer of biodiesel fuel from a variety of agricultural feedstocks. Birch Hill sold its common shares, representing about 16.2 percent of BIOX's issued and outstanding shares, for about $6.7 million in a private transaction with FP Resources Ltd, an affiliate of Clearwater Fine Foods Inc. In August 2006, Birch Hill invested $48 million in BIOX as part of a $70 million deal.
16 December 2016•2 mins read
