Announced

Completed

EcoEridania completed the acquisition of a 75% stake in Delca Energy from Bi Energy.

Synopsis

EcoEridania, a European company in environmental services for healthcare waste, completed the acquisition of a 75% stake in Delca Energy, a company responsible for the recovery of material and the production of alternative fuels, from Bi Energy, a provider of qualified technical assistance, installation and maintenance of biomass heating systems. Financial terms were not disclosed. “The strategic acquisition of Delca Energy that we announce today allows us not only to strengthen our commitment to the circular economy and the end of waste but makes us one of the main CSS producers in Italy. We are very happy with this result which rewards the many years of experience of the EcoEridania Group and the desire to be a point of reference in the treatment of medical waste but also of industrial waste. Delca is a fundamental step for the consolidation of our leadership," Andrea Giustini, EcoEridania Founder and President.

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