FincoEnergies has announced the completion a deal making global commodities giant Glencore its majority shareholder in a joint venture partnership with Coloured Finches. This acquisition integrates FincoEnergies’ Northwest European downstream network with Glencore’s massive global sourcing capabilities, positioning the company to rapidly scale its biofuels and low-carbon maritime energy solutions.
Rotterdam, Netherlands | July 2, 2026 – Global commodities giant Glencore has officially finalized its acquisition of a majority stake in FincoEnergies, a prominent supplier of conventional fuels, biofuels, and emission reduction solutions.
The transaction establishes a powerful equity partnership between Glencore and existing Dutch energy investment firm Coloured Finches. This marks a pivotal structural milestone aimed at accelerating FincoEnergies’ decarbonization portfolio across the marine, heavy transport, and industrial sectors.
Combining Global Scale with Downstream Infrastructure
The acquisition integrates FincoEnergies’ robust regional logistics and downstream footprint with Glencore’s sweeping upstream sourcing capabilities.
Synergies of the Partnership
- FincoEnergies’ Strengths: Deep infrastructure assets and fuel distribution networks, established client relationships, and specific expertise in downstream fuel transportation across Northwest Europe.
- Glencore’s Leverage: Massive global scale, comprehensive commodity sourcing pipelines, and extensive operational experience across the entire energy value chain.
- Strategic Growth Vector: Backed by Glencore’s financial and trading power, FincoEnergies plans to rapidly scale up its supply infrastructure for advanced biofuels and transitional low-carbon energy products, while aggressively expanding into new geographical markets.
Executive Perspectives
Leadership from both entities emphasized that the transaction builds on a mature foundation of commercial trust.
Jan-Willem van der Velden, CEO and Founder of FincoEnergies, said “Today marks an exciting next step for FincoEnergies. Glencore already knows our business well, and this builds on years of collaboration, trust and shared ambition. With Glencore’s support and global reach behind us, we are in a strong position to continue growing our business and supporting our customers as demand for lower-carbon fuel solutions continues to evolve.”
Maxim Kolupaev, Head of Glencore Energy UK, said “Glencore’s investment in FincoEnergies strengthens the presence of our business in Northwest Europe and creates a strong platform for future growth. We are looking forward to continuing to work closely with the FincoEnergies team and building on the successful relationship we have already developed together.”
Corporate Profiles
About Coloured Finches
Coloured Finches is a Dutch-based energy investment company that invests in downstream fuel markets, including sustainable biofuels. The company was founded in 2012 by Jan-Willem van der Velden and Peter Nohlmans, who, together with partner Rutger van Thiel, invested in multiple downstream trading, storage, and distribution businesses.
About Glencore
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers, and suppliers that spans the globe, it produces, processes, recycles, sources, markets, and distributes the commodities that advance everyday life. With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, Glencore’s marketing and industrial activities are supported by a global network of offices. Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing, and oil sectors. Glencore also provides financing, logistics, and other services to producers and consumers of commodities.
About FincoEnergies
FincoEnergies is a supplier of (bio)fuels and emission reduction solutions for the transport and industrial sectors. With a strong position in the Amsterdam-Rotterdam-Antwerp (ARA) region and offices in the Netherlands, Germany, and Switzerland, FincoEnergies meets the fuel and emission reduction needs of its customers. With over 300 dedicated employees, FincoEnergies combines commercial expertise, operational excellence, and a passion for sustainability. The company develops and delivers innovative energy solutions that support customers in reducing emissions while ensuring a reliable and efficient energy supply.
Source: FincoEnergies | Glencore