Wolftank-Adisa Holding AG wins major tank refurbishment contract in UK

Wolftank-Adisa Group, headquartered in Innsbruck, today announced its cooperation with Eurotank Group. The framework agreement with Eurotank Service Group Ltd. includes support for the cleaning and maintenance of (industrial) tanks in the United Kingdom with the aid of Wolftank-Adisa’s technology as well as the in-house developed special resins and runs for several years. The parties have agreed to not disclose the exact order volume.

“After intensive discussions with Eurotank Group, we are pleased to have won this new customer as one of the largest English tank facility service providers and being of particular importance to us as the first British non-petroleum industrial customer. This service agreement is a further milestone in our UK company history and underlines the long and successful cooperation with our English partners. Together, we want to improve and upgrade the outdated tank infrastructure with the help of our mutual expertise,” says Dr. Peter Werth, CEO of Wolftank-Adisa-Holding AG.

The Eurotank Service Group is one of the leading providers of storage tank services with a focus on the United Kingdom and Ireland. Its customers include well-known oil companies, refineries and petrol station operators.

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 in the  direct market plus segment.

 

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Note: All requirements of the Austrian Stock Exchange Act regarding the requirement of a formal admission of financial instruments for trading and issuer obligations on a regulated market for financial instruments traded on the Third Market do not apply, but in particular the requirements set out in Art. 17 (Publication of Insiders, Contract participation “direct market plus” | December 2018), Art. 18 (Insider Lists) and Art. 19 (Directors dealing) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the obligations laid down in the respective national legal rules pursuant to the Stock Exchange Act and the prohibitions of Art. 14 (Insider Trading) and Art. 15 (Market Manipulation) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the respective national legal rules pursuant to the Stock Exchange Act do apply.

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