Remondis to acquire Delete Group from Axcel.

Remondis, a German multinational company for recycling, water resource management and industrial and communal services, agreed to acquire Delete Group, a provider of environmental services for industry, construction and real estate clients from Axcel, a private equity firm. Financial terms were not disclosed. "As one of the leading international providers in industrial cleaning services, the acquisition of Delete is a unique opportunity to grow in one of our core businesses in Scandinavia. Delete with its long experience in the industrial cleaning sector and its highly competent employees is well known in the Nordic market, has a good market reputation and is a strong and well-known brand. In connection with our existing industrial cleaning activities within Buchen and Reym, we see Delete as an equal partner in our family and would like to successfully move forward together. We warmly welcome our new colleagues," Juergen Lennertz, Remondis Managing Director.