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Announced

Completed

Sdiptech completed the acquisition of HeatWork.

Synopsis

Sdiptech, a provider of technical products and services for urban infrastructures in Sweden, completed the acquisition of HeatWork, an e-store that offers frost and mini heaters, CliWi-electric, winter mats, substations, tele defrosting, and pest systems. Financial terms were not disclosed. “HeatWork contributes to a more sustainable future for coming generations. We are delighted to become part of Sdiptech who’s vision goes in line with this. Sdiptech’s knowledge within both niched infrastructure, as well as energy solutions is also highly valued and another reason why we believe this is a great fit for us in our further development. I look forward to following HeatWork’s journey and I am confident that the team at HeatWork, together with the support from Sdiptech will take the company to the next level," Almar N. J. Markussen, HeatWork Founder.

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