
In a move that underlines the growing economic value of Egypt's oil recycling sector, Falak Startups has announced its successful exit from Delta Oil, a company specialising in the collection and management of used cooking oils, achieving an exceptional investment return of 25.5 times.
Delta Oil is one of the leading examples of a company that has succeeded in organising Egypt's unregulated used cooking oil market, building a robust supply network linking households and restaurants to biofuel production plants. The company's business model rests on:
The return achieved by Falak Startups, 25.5 times the original investment, reflects the strong commercial case for investing in oil and fat collection technologies and services. Falak's support helped transform Delta Oil from a start-up into an industrial and operational entity capable of expansion and sustainable growth.
With this exit, Delta Oil moves into a new phase of operational growth under Den VC as lead investor, strengthening its ability to increase its market share in oil collection and develop primary processing technologies. That aligns with global and domestic trends towards extracting maximum value from used fats and oils to reduce environmental impact and create added economic value.
Source: Waya