STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Nederman (STO:NMAN) has signed an agreement to acquire 100 % of the shares in Filtac AB, a company active in process- and air treatment for industrial applications.
Filtac holds patents for leading technologies and products targeting oil mist treatment, a residue from metal fabrication. Filtac has a revenue of 50 MSEK and is located in Kinna, Sweden. The company has 15 employees.
”The acquisition of Filtac gives us access to world-leading technology and in-depth knowledge of, for example, capture and filtering of oil mist. Combined with our global sales network, we gain a strong position in this interesting market”, says Sven Kristensson, Nederman’s President and CEO.
”It is with great pleasure I acknowledge that Filtac now becomes part of the most knowledgeable organization in the area of process- and air treatment. Nederman’s organization gives us the Group advantages needed to continue our growth on a broader, international arena”, says Johan Bergdahl, founder and President of Filtac.
Filtac is incorporated in the Nederman Group from September 1, 2015.
About Nederman
Nederman is one of the world's leading companies supplying products and solutions in the environmental technology sector focusing on industrial air filtration. The company's products and solutions contribute to reducing the environmental impact, create safe and clean working environments and improve production efficiency. Nederman offers complete solutions, including engineering and design, commissioning, installation, training and aftermarket. Sales is managed through the Group’s own sales offices and distributors in over 50 countries. Production is performed in 12 countries on five continents. The Group is listed on Nasdaq OMX, Stockholm and has 1,900 employees.
For more information, visit www.nederman.com.
Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205
About Filtac www.filtac.com
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