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Sdiptech completes acquisition of WaterTech of Sweden to expand its market offerings

Apr 11, 2024

Acquiring Company

Sdiptech AB

Acquired Company

WaterTech of Sweden AB

ÖstermalmTäbyManufacturingWaterWater PurificationWaterWater Purification

Description

Sdiptech AB has successfully acquired all the shares in WaterTech of Sweden AB. This strategic acquisition aims to strengthen and expand Sdiptech's market offerings in industrial water treatment within the Northern European market. WaterTech's expertise in industrial water treatment and niche focus on heating and cooling systems complement Sdiptech's group, and this acquisition is a strategic asset in the work towards a more sustainable future.

Quick answer

Sdiptech AB is acquiring WaterTech of Sweden AB, announced April 11, 2024. Sdiptech AB is based in Östermalm, Stockholm County, Sweden.

How much did Sdiptech AB pay for WaterTech of Sweden AB?
The deal value was not disclosed.
What does Sdiptech AB do?
Sdiptech is a technology group based in Stockholm that acquires and develops market-leading niche operations to contribute to creating more sustainable, efficient, and safe societies.
Where are Sdiptech AB and WaterTech of Sweden AB based?
Sdiptech AB is based in Östermalm, Stockholm County, Sweden. WaterTech of Sweden AB is based in Täby, Stockholm County, Sweden.
Who are the decision-makers at Sdiptech AB?
Fundz holds 2 contacts at Sdiptech AB. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Water and Water Purification

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Company Information

Company

Sdiptech AB

Location

Östermalm, Stockholm County, Sweden

About

Sdiptech is a technology group based in Stockholm that acquires and develops market-leading niche operations to contribute to creating more sustainable, efficient, and safe societies. With approximately SEK 5,000 million in sales, Sdiptech aims to strengthen its position in the market by acquiring WaterTech of Sweden, a company specialized in producing chemicals for the optimization of industrial water systems.

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Frequently asked

Who acquired WaterTech of Sweden AB?

WaterTech of Sweden AB was acquired by Sdiptech AB, based in Östermalm. The deal was reported on April 11, 2024. Sdiptech is a technology group based in Stockholm that acquires and develops market-leading niche operations to contribute to creating more sustainable, efficient, and safe societies. Sdiptech AB is privately held and operates in Manufacturing.

When did Sdiptech AB acquire WaterTech of Sweden AB?

Sdiptech AB's acquisition of WaterTech of Sweden AB was reported on April 11, 2024. Sdiptech AB has successfully acquired all the shares in WaterTech of Sweden AB. This strategic acquisition aims to strengthen and expand Sdiptech's market offerings in industrial water treatment within the Northern European market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WaterTech of Sweden AB do?

WaterTech of Sweden AB is a specialized company that focuses on the production of chemicals to optimize industrial water systems. It is privately held, operating in Water, and is based in Täby.

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