Announced

Global Dominion to acquire a 51% stake in Tankiac.

Synopsis

Global Dominion, a firm that provides multi-technical services and engineering solutions, agreed to acquire a 51% stake in Tankiac, a provider of waste management services through fixed and mobile waste plants. Financial terms were not disclosed. The incorporation of Tankiac allows DOMINION to complete its industrial services with tank cleaning and hydrocarbon recovery, one of the key activities to minimize the environmental impact of many industries. To do this, it has its own technology that reduces the production of waste and the use of cleaning resources (water, air and diesel) and allows to develop more agile and safe cleaning processes, since it prevents the presence of personnel inside the tanks during their cleaning.

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