Strategic acquisition will increase added value chain

Wolftank-Adisa Holding AG announces the majority acquisition of Rovereta Srl, a 100% subsidiary of Petroltecnica Spa, on the basis of its Management Board resolution and the approval of the Supervisory Board (“Signing”). The transfer of the legal entity concerned is scheduled to take place within the end of June 2020 (“Closing”).

Rovereta Srl, headquartered in Cerasolo Ausa di Coriano, (Province of Rimini, Italy), is a company specialized in recycling, water and soil treatment, as well as in hazardous waste disposal. The company -despite the COVID 19 infuenced environment- is expected to generate sales of around Euro 10 million with a positive earnings contribution for this year, thanks to the very economical recycling of the treated re-usable materials.

Backed by an independent fairness opinion and valuation report, the purchase price is Euro 3 million.

Targeting a top line volume in the soil and water remediation sector of Euro 35 million in 2020, the merger of the two companies is assumed to greatly expand the existing vertical integration of Wolftank Adisa Group by reducing costs for disposal and processing. Synergies in the operating business, especially on the procurement side, but also for research and development are expected to be of great added value. In addition, both companies are anticipating considerable advantages in the operation of a joint technology and sales platform, leading to an enhancement of their international service offerings and an even faster growth.

As a cornerstone for an additional expansion of the business in the future, Wolftank-Adisa Holding AG will also acquire a minority interest of initially 10% in the previous sole shareholder of Rovereta Srl, Petroltecnica SpA, getting hereby access to the whole product range necessary for the planning and construction of recycling-plants. This high quality technology shall be made available to existing customers worldwide in order for them to profitably adapt to the rapidly changing conditions in fossil fuel reduction and investments in renewable energies.


The executive board of Wolftank-Adisa Holding AG will present further details in a web conference next Friday, June 5th 2020 at 10:00 am. Interested investors and press representatives, please register for participation at Montega AG via

About Rovereta Srl:

Rovereta Srl is a recycling company specialised in high-tech soil and water remediation. An accredited laboratory for soil samples is also part of the company. The official permits allow a treatment of up to 228.000 tons per year in the current stage of expansion. Further information is available at

About Petroltecnica SPA:

Petroltecnica S.p.a. is an internationally active company specializing in soil and water remediation, offering services for environmental remediation and emergencies, especially in the oil, petrochemical and processing industries.

Further information is available at

About Wolftank-Adisa Holding AG:

Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on environmental protection services for contaminated soils and facilities, remediation and monitoring of (large-scale) tank farms, as well as full-service engineering services for LNG- and petrol stations. The company is active worldwide and uses various patented application technologies with the aid of high-tech epoxy resins developed in-house.

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6; WKN: A2PBHR) is trading on the Munich Stock Exchange and is also listed on the Vienna Stock Exchange.

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