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News

SKion GmbH becomes new shareholder of AVISTA OIL AG

October 12, 2012/in News/by UES

Uetze— With a share of almost 30 per cent, SKion GmbH, Bad Homburg v. d. Höhe, will become the second biggest shareholder of AVISTA OIL AG, the leading pioneer in the industry of used oil upcycling. The shareholding will mainly be realized through a capital increase and through the acquisition of shares from the original shareholders. […]

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Avista Eyes Another NA Rerefinery

September 26, 2012/in News/by UES

By George Gill Avista Oil Group plans to partner with a used oil collector to build a second rerefinery in North America, in addition to one under construction in Georgia by its Universal Environmental Services subsidiary. “We are talking to potential partners,” Universal Environmental Services CEO Juan Fritschy told Lube Report. “These are collectors who […]

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Avista Oil Expands North Sea Presence

September 5, 2012/in News/by UES

By Boris Kamchev – 9/5/2012 Avista Oil AG, one of the biggest producers of rerefined base oils in Europe, became majority owner of the Dutch North Refining and Trading rerefinery. The former co-owner, Dutch Van Gansewinkel Groep, sold its 33 percent stake in the Delfzij, Netherlands-based rerefinery on Aug. 20. “This is a successful investment […]

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Re-refiner Avista Oil Acquires Majority Holding in Dutch Refining Re-refinery

August 20, 2012/in News/by UES

AVISTA OIL AG, one of the leading European used oil recycling enterprises, or “upcycling” (defined as using every aspect of waste as value) enterprises, has increased its holding in the Dutch North Refining and Trading N.V., Delfzijl re-refinery from 42% to a majority holding. Following the takeover of the shares of the co-shareholder Dusseldorp Holding […]

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Avista Oil Ag Acquires the Majority of Universal Environmental Services, LLC

December 27, 2011/in News/by UES

Peachtree City, GA – With immediate effect AVISTA OIL AG (“AVISTA”) of Uetze, Germany, buys the membership units in Universal Environmental Services, LLC (“UES”) from MidMark Capital and Navigator Partners. The parties did not disclose the specifics of the transaction. The result is that UES has become a majority-owned subsidiary of AVISTA. The transaction consolidates […]

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Universal Environmental Services and McPherson Combine Used Oil Collection Businesses

September 30, 2011/in News/by UES

Peachtree City, GA – Universal Environmental Services, LLC (“UES”) and The McPherson Companies’ used oil collection business (“TMC”) have merged, becoming the dominant used oil collector in the Southeastern United States. With a fleet of more than 70 collection trucks and 21 terminals, the new entity covers from North Carolina to Louisiana and from Georgia […]

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  • UES announces its two newest Used Oil Collection facilitiesFebruary 26, 2018 - 10:16 pm
  • We started operations in Wilson and Fort MyersNovember 2, 2017 - 4:01 pm
  • Avista Becomes First Re-Refiner in the World to Produce Group III Oil CommerciallyDecember 7, 2016 - 7:16 am
  • Universal Environmental Services, LLC Acquires Metro Environmental, Inc.December 30, 2015 - 7:16 am

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