19th February 2019
As of today, Sdiptech has acquired all shares in Water Treatment Products Limited and its holding company Water Treatment Products Holdings Limited.
Water Treatment Products is a leading formulator and manufacturer of water treatment chemical products in the UK.
Jakob Holm, CEO Sdiptech, comments: “Water Treatment Products Ltd has a strong position on the UK water treatment chemicals market, serving a large number of water treatment service providers who operate across a variety of end user market segments. They have established this position by combining high quality products with comprehensive technical advice and support to their customers. Water Treatment Products Ltd will be a great addition to Sdiptech’s offering within our business area Water & Energy.”
We welcome founder and Managing Director, Tim Carter and his team to the Sdiptech Group and look forward to continuing to grow the company together with them.”
Tim will continue as Managing Director and he and his team will operate on a “business as usual” basis as Water Treatment Products Ltd.
Tim commented on the acquisition. “We are understandably proud of what we’ve achieved since our early days in 1999 and very excited about this new chapter and the new opportunities working as part of SDIPtech group will bring.”
For additional information, please contact:
Jakob Holm, VD, +46 761 61 21 91, email@example.com
Bengt Lejdström, CFO, +46 702 74 22 00, firstname.lastname@example.org
Tim Carter MD 01495 792999 email@example.com
Sdiptech AB is a technology group with a primary focus on infrastructure segments critical to well-functioning societies and to welfare, e.g. water & sanitation, power & energy, transportation, energy efficiency and air climate. As part of our offering in urban areas, we also provide niched technical services for buildings and real-estate. The company has approximately SEK 1,500 million in sales and is based in Stockholm.