DWS and MEAG to acquire Weltec.

Private equity firms DWS and MEAG, agreed to acquire Weltec, a biomethene producer. Financial terms were not disclosed. "We are pleased to be working with MEAG to further invest in Weltec’s existing portfolio of high-quality assets, against the backdrop of the critical European energy transition to more renewable sources. With this acquisition, we see attractive growth potential via both greenfield and brownfield opportunities, supported by the company's integrated feedstock procurement and logistics business, which provides Weltec with secure and direct access to farmers and raw materials," Thomas Kalthoefer, DWS Senior Principal.