With reference to the company’s ad hoc announcement on 3th of June 2020, Wolftank-Adisa Holding AG is pleased to announce the majority takeover of Rovereta Srl, a 100% subsidiary of Petroltecnica Spa, on the basis of the signed contracts.
“With its expertise in water and soil treatment, as well as in the very economical recycling of the processed materials, Rovereta Srl will massively increase our value chain” says Dr. Peter Werth, CEO of Wolftank Group.
“Above all, we expect a significant reduction in costs for the disposal and treatment of contaminated soil and water which will have a positive effect on our margins in this business segment,” Werth continued.
As a result of the acquisition and the joint business volume in the soil & water remediation sector, Wolftank Group expects significant synergies, especially in purchasing, research & development and the operation of a joint technology- and sales-platform.
At the same time, it expects faster growth through the expansion of its international offering capabilities.
About Rovereta Srl:
Rovereta Srl is a recycling company specialised in high-tech soil and water remediation. A 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 www.rovereta.com
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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