Coloured Finches is an energy investment company that invests in businesses in the downstream hydrocarbon markets including biofuels. Coloured Finches was established in 2012 by entrepreneurs and executives from the downstream fuel industry.
The partners of Coloured Finches incorporate unique and complementary expertise and international experience. As a team they stand for deep market insights, strategic leadership, entrepreneurship, operational excellence and a vast network.
In 2013 Coloured Finches founded a greenfield and integrated wholesale, distribution, tank storage and marine fuel business under the name FinCo in Northwest Europe.
As AFCO Energy the company owns and operates an international supply & trading business with headquarters in Singapore since 2014.
Coloured Finches founded Alkion Terminals in 2016 in partnership with Paris based InfraVia. Alkion Terminals is a bulk liquid tank terminal company with 10 terminals across Europe.
Coloured Finches has a buy-and build approach by investing in existing businesses and developing new ventures which contribute to the integrated downstream model.
The Coloured Finches team takes hereby a hands-on approach getting actively involved in the daily management and the growth of the business.
Singapore, September 16, 2019
After a successful partnership of nearly five years Onix Energy Limited, owned by former AFCO Managing Director Mr. Ali Nael, sold its minority share to Coloured Finches, by which the latter now owns 100% of the shares in AFCO Holding Pte Ltd.
Jan-Willem van der Velden and Peter Nohlmans, founding partners of Coloured Finches and members of the board of AFCO, will continue the strategy of AFCO with strong focus on fuel products and crude across Asian and European markets as well as developing increased presence in the market for renewable fuels.