“Selling the brains” – AnoxKaldnes joins forces with Veolia Water S&T
- From: Vol 8, Issue 7 (July 2007)
- Category: General
- Region: Europe
- Country:
- Related Companies: Anglian Water, AnoxKaldnes AS, VA Ingenjörerna AB and Veolia Water
Swedish water treatment company AnoxKaldnes expects to close a takeover deal with Veolia in August. It will need to boost profitability if management is to retain independence within the group.
After a long hunt for a source of external investment capital, Swedish wastewater treatment technology company AnoxKaldnes is to be bought by Veolia Water Solutions & Technologies in a deal which values the company at SKR686 million. The acquisition is expected to close by mid-August, after an initial share purchase agreement was signed with AnoxKaldnes’ “A” shareholders in June.
Since Anox ...
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