Econet Group merges DEWACO Ltd.
Econet Ltd has acquired the majority shares of the DWT Group Ltd., which owns 100% shares of the DEWACO Ltd. DEWACO Ltd. offers total solutions to the world´s most complex wastewater treatment problems and during its history of over 25 years has achieved a strong position in international markets. The company has the solutions to reduce environmental impacts and substantially improve efficiency in producing bioenergy form sludge.
Today, company products and solutions are in operation over 90 countries worldwide.
A Dewaco´s net sale is of approximately EUR 4.5(2012) million and employs 25 personals. Dewaco Ltd. has established sales office in Beijing, China for more than 10 years.
The merger does not cause any changes in staff personnel.
For more information:
Econet Ltd, Matti Leppäniemi, phone 040 553 3001, firstname.lastname@example.org www.econetgroup.fi
Dewaco Ltd, Hannu Turunen, phone 044 052 3000, email@example.com www.dewaco.fi
Sentica Partners, Pentti Tuunala, phone 040 060 6078, firstname.lastname@example.org www.sentica.fi
Econet Group is a multi-service engineering and consulting company operating in the water and environmental technology sector. Turnover of the company was EUR 22.7 million (2011) with the total staff about 40 personals (2011).
Sentica is an independent private equity firm focused on middle-sized and small domestic companies on acquiring and developing. Sentica manages a total of about 300 million in total capital, and investors are mainly Finnish institutional investors, as well as a leading European fund of funds. www.sentica.fi