Announced
Synopsis
Hoganas Borgestad, a developer, producer, and supplier of smart refractory solutions for industrial customers, agreed to acquire Emcotech, a Swedish company specializing in industrial flue gas cleaning and ventilation equipment for industries, from Emcotech Invest, a company that specializes in industrial fuel gas cleaning services. Financial terms were not disclosed. “We are very pleased to welcome Emcotech into our group. This acquisition strengthens our position in the niche of flue gas cleaning – a field that is critical for many of our customers and increasingly important in the transition to more sustainable industrial processes," Bendik Persch Andersen, Hoganas Borgestad CEO.
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