Wolf­tank-Adisa Holding AG — Com­ple­ti­on of the suc­cess­ful acqui­si­ti­on of the recy­cling company Rover­e­ta Srl

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.

Here you can find the cor­po­ra­te news as download:

 

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.

About Wolftank Group

Wolftank-Adisa Holding AG is the parent company of an international group of companies focusing on the turnkey construction of modular hydrogen and LNG refuelling facilities, environmental protection services for polluted soils, facilities and waters, refurbishment and monitoring of (large) tank facilities as well as full-service engineering services for fuel supply facilities. The company is active worldwide and has various patented application technologies.

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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