Press release
11 July 2023, 08:00
Sdiptech completes acquisition of Kemi-tech
On 29 June, Sdiptech AB (publ) announced that the company had entered into an agreement to acquire Kemi-tech ApS, a leading provider in tailored chemical solutions for industrial water treatment. The Danish Business Authority has approved the transaction and Sdiptech has now completed the acquisition.
The acquisition of Kemi-tech aligns perfectly with Sdiptech's vision of providing niched technologies that contributes to more sustainable, efficient and safe societies. Kemi-tech is Sdiptech's second business unit in Denmark and will be included in the business area Resource Efficiency as of July 2023.
About Kemi-tech
Based in Hedensted, Denmark, Kemi-tech is specialised in the chemical treatment of all types of water-carrying systems. The company's products ensure that steam boilers, cooling systems and district heating plants run more efficiently, save energy and last longer.
More information about Kemi-tech is available on the company's website: https://www.kemi-tech.eu/.
For additional information, please contact:
Bengt Lejdström, CFO, +46 702 74 22 00, bengt.lejdstrom@sdiptech.com
My Lundberg, IR & Sustainability Manager, +46 703 61 18 10, my.lundberg@sdiptech.com
The information was provided by the above contact persons for publication 11 July 2023 at 08:00 CEST.
Sdiptech's common shares of series B are traded on Nasdaq Stockholm under the short name SDIP B with ISIN code SE0003756758. Sdiptech's preferred shares are traded under the short name SDIP PREF with ISIN code SE0006758348.
Further information is available on the company's website: www.sdiptech.com
Sdiptech is a technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient and safe societies. Sdiptech has approximately SEK 3,800 million in sales and is based in Stockholm.
