Denmark, EQT Infrastructure Acquires Hazardous Waste Management Company Kommunekemi
Summary
EQT Infrastructure has agreed to acquire Kommunekemi A/S, Denmark’s leading hazardous waste management company, for an enterprise value of DKK 260m.According to an official statement, QT Infrastructure views Kommunekemi as an attractive investment opportunity owing to both its strong market position as a safe provider of hazardous waste solutions to the Danish and international public and private clients as well as its leading technologies.There are attractive opportunities both in Denmark and the rest of Europe and we are looking forward to building a leading European company in the area of hazardous waste treatment”.Under EQT Infrastructure ownership, the company will continue to focus on its strong customer relations and to process hazardous waste in a very secure manner combined with high energy efficiency.The new board of directors will include the following members of EQT’s network of industrialists and senior advisors: – Ulf Berg, chairman of Midland Cogeneration Venture, SAG GmbH and EMS Chemie AG, ex CEO and chairman of Sulzer AG; – Ole Andersen, ex senior partner EQT, chairman of ISS; – Jan Bruzelius, ex CEO IL Recycling; – Svante Östblom, strategy consultant with extensive waste management experience: FinSMEs 21/10/2009
Funding
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