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AM Green Technology and Solutions B.V. acquires Chempolis Oy and Fortum 3 B.V. to advance bio-fuel technology

PRIVATESep 23, 2024

Acquiring Company

AM Green Group

Acquired Company

Chempolis Ltd.

HyderabadOuluEspooManufacturingBiotechnologyEnergyOil And GasRenewable EnergyManufacturingRenewable EnergyEnergyRenewable EnergyBiomass Energy

Description

AM Green Technology and Solutions B.V., a leading energy transition solutions provider, has signed binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. This strategic acquisition aims to facilitate the development of large-scale bio refineries, utilizing multiple feedstocks to produce high-value green products, furthering the global decarbonization effort in aviation, fuels, and chemicals.

Company Information

Company

AM Green Group

Location

Hyderabad, Telangana, India

About

AM Green is indirectly wholly owned and controlled by the founders of Hyderabad-based Greenko Group - Anil Chalamalasetty and Mahesh Kolli. With their strength in renewable energy and storage as a service model and track record of energy entrepreneurship, AM Green aims to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world.

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Frequently asked

Who acquired Chempolis Ltd.?

Chempolis Ltd. was acquired by AM Green Group, based in Hyderabad. The deal was reported on September 23, 2024. AM Green is indirectly wholly owned and controlled by the founders of Hyderabad-based Greenko Group - Anil Chalamalasetty and Mahesh Kolli. AM Green Group is privately held and operates in Manufacturing.

When did AM Green Group acquire Chempolis Ltd.?

AM Green Group's acquisition of Chempolis Ltd. was reported on September 23, 2024. AM Green Technology and Solutions B.V., a leading energy transition solutions provider, has signed binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chempolis Ltd. do?

Chempolis Oy and Fortum 3 B.V. are entities renowned for their pioneer work in lignocellulosic feedstock processing, with expertise spanning over 15 years. It is privately held, operating in Manufacturing, and is based in Oulu.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.