Agilitas-backed Reconor Group expands with acquisition of Sten & Grus Prøvestenen A/S

Agilitas

Agilitas, the pan-European mid-market private equity firm, has today announced that its portfolio company, Reconor A/S (“Reconor”), a leading environmental services company in Denmark, has entered into an agreement to acquire Sten & Grus Prøvestenen A/S (“SGP”) from Group De Cloedt (“GDC”). Reconor will integrate SGP with its resource business Norrecco. The financial terms of the deal are not being disclosed.

SGP specialises in delivering efficient environmental solutions for soil and waste management, most notably in the Greater Copenhagen area. The company is located on the Prøvestenen island and has a treatment area of approximately 75,000m2. The company has a strong focus on environmental awareness and, just like Norrecco, developed a product range including the recycling of used materials from various demolition processes into primary raw materials.

The Reconor Group, consisting of Norrecco and City Container, is one of the leading environmental services groups in Denmark, treating and remediating approximately 1.6 million tonnes of soil and handling 0.9 million tonnes of waste annually. The majority of this waste is recycled for use in secondary markets. Through its activities, Reconor contributes to the circular economy by helping Danish industrial and construction groups to meet the country’s high standards of responsible and environmentally-safe recycling.

The strategic acquisition of SGP marks the fifth add-on acquisition for Reconor since Agilitas led a management buyout of the group in 2015 and will consolidate Reconor’s plans to expand its product offering, its customer base and its geographical footprint. The addition of SGP strengthens Norrecco’s position and reinforces its capabilities, particularly in the Copenhagen area which has limited opportunities for new treatment sites. It will also further improve the recycling process of construction and civil engineering waste in the production of building materials.

Agilitas has a successful track record of creating value in the Nordic region, using its deep transformational and sector expertise built through Agilitas’s backing of the Danish and Norwegian companies Recover Nordic, Reconor, Cibicom (previously known as Teracom Danmark), and Danoffice IT.

Henrik Nordenlund, CEO of Reconor, commented: “This strategic acquisition further supports Reconor’s position in Denmark as a leading supplier of environmental solutions within soil and waste management. In addition, the acquisition opens up new business opportunities. Reconor will be even stronger in the future, ensuring the development of sustainable recycling solutions. Through the collaboration with GDC, we can expand the business areas to also include special treatment capabilities.”

Rene Gosvig, Director at GDC Denmark, said: “We are a small player in soil and waste management in the Greater Copenhagen area. Due to a rapid development in the market for environmental solutions and a strategic decision to focus on further expanding our strong position within natural resources, we have assessed that it is the right decision for us to divest the environmental activities to Reconor Group, which we believe is the right backer to further develop the company. Together with the Reconor Group, we will continue to collaborate on the synergies between the parties.”

Kevin Iermiin, of Agilitas and member of the Reconor Board, said: “Reconor is experiencing increasing demand for environmentally-oriented solutions. This acquisition will create synergies between our business units by further broadening our service offering and expanding our footprint and customer base in the Greater Copenhagen area.”

 

Martin Calderbank, Managing Partner at Agilitas, said: “This latest strategic add-on acquisition represents another significant step in Reconor’s growth and will consolidate the company’s transformation plan. Both companies are well-aligned in their commitment to developing environmental solutions to reduce waste and their combination will further bolster Reconor’s standing as a leading environmental services Group business in Denmark.”


Media enquiries to: Greenbrook – Alex Jones and James Madsen

 

+44 20 7952 2000 | agilitas@greenbrookpr.com

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Nordic Capital acquires Sortera, a growth leader within recycling, to support accelerated expansion and the development of industrial solutions for the circular economy

Nordic Capital

Nordic Capital acquires Sortera, a growth leader within recycling, to support accelerated expansion and the development of industrial solutions for the circular economy Image

Nordic Capital has signed an agreement to acquire Sortera, the fastest growing environmental services provider of focused recycling and waste solutions in Sweden. Sortera has grown by assisting both the environmental and operational performance of its customers. Nordic Capital intends to accelerate Sortera’s ongoing international expansion and further strengthen its sustainable service offering.

Sortera is a fast-growing Nordic environmental contractor within collection, recycling, processing and broking of residual products from the building and construction sector. Sortera operates primarily within the B2B SME segment in Sweden and Finland through its three business areas: Recycling (RMI construction recycling services), Materials (End-to-end environmental solutions for waste and water) and Industry (Industrial removal of bulk materials and liquids). Through its operations, Sortera contributes to a circular economy in construction – the second largest recycling opportunity globally after the mining industry. The Company’s services enable the increased use of old materials in new construction, reducing the need for raw materials and hence Greenhouse Gas (GHG) emissions. Sortera is based in Stockholm, Sweden and has recently expanded into Finland. Since its inception in 2006, the Company has grown to become one of the market leaders in Sweden by focusing on environmental concerns, and by offering its customers increased flexibility, high reliability, short lead times, excellent quality, and superior customer support. Sortera has circa 420 employees and revenues of approximately SEK 1.4 bn in 2020.

Nordic Capital is an active owner with deep experience in growing industrial and business services companies, in which it selectively invests. By closely following the sector, Nordic Capital has gained significant knowledge of the construction recycling industry where it sees strong potential for growth. Nordic Capital has strong credentials in ESG and sustainability lies at the heart of its investment strategy. The ambition is to contribute operational and financial resources to support Sortera’s, international sustainability journey in close partnership with the Company’s management team and founder Conny Ryk.

“During 2020 we further strengthened our market position and continued to invest in future growth. With our recent acquisition in Finland, we have taken the first step to replicating the success in new markets. I am proud of what we have accomplished and look forward to continuing the journey together with Nordic Capital and maintaining the best interests of our employees, customers, and suppliers,” comments Sebastian Wessman, CEO of Sortera.

“Nordic Capital is very impressed with what Sortera and the owners have built so far and is excited to support the continued journey. We have followed Sortera for a long time and believe that Nordic Capital has the expertise and resources to support the management team in the forthcoming international expansion that Sortera is embarking upon. This investment is at the core of Nordic Capital’s Responsible Investment and Industrial & Business Services investment strategy, and Sortera will be able to leverage on the experience that we have gained from similar journeys and our broad external network. The positive climate impact generated by companies like Sortera is becoming more important and relevant given the environmental challenges that we all face today,” says Andreas Näsvik, Partner and Head of Industrial & Business Services, Nordic Capital Advisors.

Nordic Capital invests selectively in the Industrial & Business Services sector where it has deployed

more than EUR 3.7 billion in 39 platform investments since inception. These include current portfolio companies Consilium Safety Group, iLOQ and Cary Group (formerly Ryds Bilglas) and former investment Anticimex.

The terms of the transaction with the seller Summa Equity were not disclosed. The transaction is subject to customary regulatory approvals.

 

Press contacts:

Sortera

Sebastian Wessman, CEO
Tel: +46 72 886 95 97
e-mail: Sebastian.Wessman@Sortera.se

Nordic Capital
Katarina Janerud, Communications Manager
Nordic Capital Advisors
Tel: + 46 8 440 50 50
e-mail: Katarina.Janerud@NordicCapital.com

About Sortera

Sortera Group is a Nordic environmental company which, through its three business areas (Recycling, Industry and Materials), strives to be the leading environmental entrepreneur on the Nordic market, with solutions that contribute to increased sustainability and improved environmental performance in all of the company’s operations. With just over 420 employees and a turnover of ca SEK 1.4 billion, Sortera conducts its own operations from sales, collection, treatment and recycling to final recipients. Sortera performs daily services for thousands of companies and private individuals in the Nordic region.

About Nordic Capital

Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested more than EUR 16 billion in over 110 investments. The most recent fund is Nordic Capital Fund X with EUR 6.1 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, Denmark, Finland, Norway, Germany, the UK and the US. For further information about Nordic Capital, please visit www.nordiccapital.com

 

Footnote: “Nordic Capital” refers to any, or all, Nordic Capital branded funds and vehicles and associated entities. The general partners of Nordic Capital’s funds and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which is referred to as “Nordic Capital Advisors”.

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Ardian and A2A signed an agreement for potential partnership in hydrogen initiatives

Ardian

  • 26 November 2020 Infrastructure Milan, Italy
  • Milan, November 26, 2020 – Ardian, a world-leading private investment house, through EMS-Energy Management Services, its Italian platform for renewable and innovative energy sources, and A2A, a leading Italian utility, announced today that they have signed a Memorandum of Understanding to cooperate in green hydrogen development.

The partnership will aim to identify potential areas they can cooperate and work together on the production of green hydrogen from renewable sources.

“We are glad of the agreement we signed with Ardian, a further confirmation of the contribution that our company can and wishes to provide to achieve the important goals set by the European Union in terms of CO2 reduction to win the Climate Change challenge – said Renato Mazzoncini, CEO of A2A – This cooperation is an excellent opportunity to analyze the potential of green hydrogen and to develop business models that combine the environmental sustainability of renewable production with the fundamental characteristics of flexibility and programmability required for the optimal operation of the national electrical grid. This is another strategic element to encourage the reduction of greenhouse gas emissions in which A2A is engaged.”

Mathias Burghardt, Head of Ardian Infrastructure, commented “This cooperation with A2A is a great opportunity to consolidate Ardian strategy, as well as promote the integration between green hydrogen production and renewable energy, especially in the south of Italy where Ardian is active since 2007 with several wind farms. Ardian currently manages about 5GW of renewable energy assets around the world, and has a historical presence in Italy with about 500MW installed capacity.” “We are firmly committed to sustainable investments in green energy, and green hydrogen is an important element of this as it is aligned with EU climate change targets. Ardian has the ambition to become a reference fund manager in green hydrogen and will continue contributing, together with renewable electricity, at attaining a zero-carbon-emission global economy by 2050”, he added.

With this agreement in place, Ardian and A2A are joining forces to identify the most suitable sites to integrate existing or planned renewable power plants and hydrogen production units. In addition, a variety of plant configurations will be assessed and tested to select a pilot plant. If agreed upon, this plant would then by developed by both parties in the next phase of the partnership.

ABOUT A2A

A2A The A2A Group is the largest Italian multiutility with more than 12,000 employees. Listed on the Italian Stock Exchange, the Group is a leader in Italy in the environmental sector along the entire value chain of waste management, from collection to recovery of materials and energy. As the second largest operator in Italy for installed capacity, A2A also manages the generation, sale and distribution of electricity and gas, district heating, waste collection and recovery, electric mobility, public lighting and integrated water service. The A2A Business Model aims to create sustainable and shared value over time for the company and for the reference communities: to operate with competitive advantage in the long term, including social, environmental and economic values.

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$100bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 700 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 1,000 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
Follow Ardian on Twitter @Ardian

Press contacts

ARDIAN – IMAGE BUILDING

A2A MEDIA RELATIONS

Giuseppe Mariano

ufficiostampa@a2a.eu +39 02 7720 4583

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EQT Infrastructure to sell Synagro

eqt

  • EQT Infrastructure to sell Synagro, the largest provider of wastewater biosolids solutions in North America, to West Street Infrastructure Partners III, an infrastructure investment fund managed by Goldman Sachs Merchant Banking Division
  • Synagro partners with local communities to process over 14 million tons of wastewater biosolids annually to protect the health of our water, air, soil, and those who depend on them
  • Under EQT’s ownership, Synagro has grown its facility footprint from 15 to 24 facilities, while expanding its services offerings to provide reliable and sustainable biosolids management solutions to 1,000 municipal and industrial customers across 35 states

The EQT Infrastructure II fund (“EQT Infrastructure”) today announced it has entered into a definitive agreement to sell Synagro Technologies, Inc. (“Synagro” or “the Company”) to West Street Infrastructure Partners III, an infrastructure investment fund managed by Goldman Sachs Merchant Banking Division.

Founded in 1986 and headquartered in Baltimore, Maryland, Synagro is the leading provider of wastewater biosolids solutions in North America. The Company provides essential biosolids treatment solutions, turning a waste stream into fertilizer products for over 1,000 municipal and industrial customers across 35 states. Synagro manages over 14 million tons of biosolids annually across its portfolio of 24 specialized treatment facilities and the industry’s largest permitted beneficial use land base.

Under EQT Infrastructure’s ownership, Synagro has developed into the industry leading wastewater biosolids solutions platform in North America with the industry’s largest wastewater biosolids treatment facility footprint, broadest network of permitted disposal solutions and most comprehensive environmental services offering. With its data driven and local approach, the Company has solidified its position as a trusted partner for municipalities and industrial customers helping to protect the water, air and soil quality of the local communities in which Synagro operates.

Crosby Cook, Partner at EQT Partners, said: “Partnering with the Synagro management team to develop the Company into the industry leading platform has been a fulfilling experience. Synagro’s sustainable business model aligns well with EQT’s ESG goals and we are proud to have been a part of the Company’s transformation. With ever-increasing demand for sustainable biosolids solutions, Synagro is well-positioned for its next phase of growth under Goldman Sachs’ ownership.”

Bob Preston, Chief Executive Officer of Synagro, said: “Under EQT’s ownership, we have cemented our position as market leader providing sustainable biosolids solutions to communities in North America. We see great potential for further growth in this market and look forward to continuing our journey together with Goldman Sachs.”

Cedric Lucas, Managing Director at Goldman Sachs Merchant Banking Division, added: “We are excited about the opportunity to partner with Bob and the Synagro team to build on their success, accelerate innovation in biosolids treatment solutions, and support the Company’s growth plans in the years to come. Synagro is a great example of our infrastructure funds’ commitment to investing in sustainable businesses and Goldman Sachs’ dedication to ESG.”

The transaction is subject to customary conditions and approvals. It is expected to close in December 2020.

Morgan Stanley & Co. LLC acted as financial advisor and Weil, Gotshal & Manges LLP as legal advisor to EQT Infrastructure.

Goldman Sachs & Co. LLC acted as financial advisor and Sidley Austin LLP as legal advisor to West Street Infrastructure Partners III.

Contact
US press contact, daniel.yunger@kekstcnc.com, +1 917 574 8582
Crosby Cook, Partner and Investment Advisor to EQT Infrastructure, +1 917 281 0851
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About EQT
EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

About Synagro
Founded in 1986, Synagro Technologies, Inc. works to turn waste into worth by helping more than 1,000 municipal and industrial water and wastewater facilities in North America move toward safer, cleaner and more environmentally beneficial practices. For some, it’s simply cleaning the water supply. For others, it’s much more – we partner with them to process their waste for compost or energy pellets, creating healthy soil and sequestering carbon in the process. As the largest recycler of organic by-products in North America, we’re trusted because we remove risks while keeping the logistics clean. Because we have the most experienced team in the industry, we can offer tailored solutions that ensure no waste goes to waste. Much of our work isn’t pretty. But it’s a greener world emerging from a cleaner one – worth coming from waste – and we think that’s pretty beautiful.

More info: www.synagro.com

About Goldman Sachs Merchant Banking Division
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking Division (MBD) is the primary center for the firm’s long-term principal investing activity. MBD is one of the leading private capital investors in the world with investments across private equity, infrastructure, private debt, growth equity and real estate.

Scanship acquires ETIA

Reiten

On the 28th of August, Scanship Holding acquired the French environmental technology company ETIA Ecotechnologies. With this acquisition, Scanship broadens their technology portfolio and strengthens their access to landbased markets. Combined the companies have the ambition to create a market leading supplier in the waste-to-energy market.

Scanship and ETIA will jointly target all markets where pyrolysis can be deployed to convert organic waste, biomass, plastic and polymers into energy, fuels, biogenic materials or molecules for the purpose of decarbonizing energy, capturing carbon, valorising waste and creating end-of-waste solutions.

“Over the past years, we have built on Scanship’s position as the preferred supplier of waste management and wastewater purification solutions for cruise ships, we have moved into aquaculture and now most recently, also will deliver our first full-scale land-based solution. We have proven our ability to integrate advanced technology in commercially attractive solutions and profitable deliveries. The acquisition of ETIA is a logical next step. With the broader technology portfolio of ETIA, we will now expand of offering of land-based solutions,” says Henrik Badin, CEO of Scanship Holding.

He further adds: “ETIA is European technology leader to valorise biomass residues and waste into renewable products, chemicals and fossil free energy through pyrolysis solutions. ETIA’s proven solutions for turning waste into valuable green products and climate friendly energy fit well with our ambitions to become a leading player in the circular economy, both at sea and on land,” says Henrik Badin, CEO of Scanship Holding.

“Circular economy has been a key motivating factor for ETIA since the company’s inception in 1989. Like Scanship on marine applications, we have developed on-land compact solutions that capture valuable resources, prevent pollution and produce energy. Climate change and environmental issues must be addressed both on a global and local level, and our solutions can be adapted for both municipal and industrial applications. Scanship and ETIA share the same vision for the future, and we are impressed by Scanship’s proven skills and competences for system deliveries. By joining forces, we are making our combined offering even stronger,” says Dr. Olivier Lepez, Co-Founder and CEO of ETIA.

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Ecore Completes €255 Million Senior Secured Notes Offering

PARIS – December 3, 2018 – H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with over €26 billion of equity capital under management, is pleased to announce that its portfolio company Groupe Ecore (“Ecore”) successfully completed a high-yield bond placement. The Group issued €255 million in senior secured floating rate notes, with Barclays acting as sole bookrunner.

Established in 1993, Ecore is a leading player in the French metal recycling market. It employs over 1,400 people and recycles and sells 3.7 million tons of materials each year, including more than 3.0 million tons of ferrous metals. Ecore manages all stages of the recycling chain, from waste collection to processing, transport, and sale of recycled products. In 2017, Ecore generated revenue of €1.3 billion.

H.I.G. acquired a significant stake in Ecore in 2017 to support the Group in its new phase of development, alongside the Dauphin family and management team.

Olivier Boyadjian, Managing Director at H.I.G. Capital commented, “We are thrilled by the success of this operation, which demonstrates the confidence of investors in the company and its prospects, especially in the current difficult market conditions. Ecore is well placed to continue building on its success, and we look forward to further supporting Ecore and its management team. Ecore is a good example of H.I.G.’s value-added investment strategy in Europe.”

About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with over €26 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of €28 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

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Altor to divest Norsk Gjenvinning to Summa Equity

Altor

Altor Fund III (“Altor”) has signed an agreement to divest Norsk Gjenvinning, Norway’s leading waste management company, to Summa Equity (“Summa”). Norsk Gjenvinning was acquired by Altor in 2011.

Norsk Gjenvinning is the leading Norwegian waste recycler and provides services for all types of waste, operating along the whole value chain from collection through processing/recycling to selected downstream solutions. In recent years, Norsk Gjenvinning has focused on continuous operational improvement and organizational development.

“It has been an exciting six years for Altor with Norsk Gjenvinning”, says Pål Stampe, partner at Altor Equity Partners and board member of Norsk Gjenvinning. “The company has seen significant changes during this period, driven by development of industrial processes across the waste management value chain. Over the last couple of years, we have seen these effects translate into strong earnings growth”.

Chairman of Norsk Gjenvinning, Ole Enger, has been an important contributor in driving operational improvements in the company. Enger will continue as chairman when Summa becomes new majority shareholder. “Summa Equity´s acquisition of the company is a recognition of the work all employees in the company has put in over the last years”, says Ole Enger. “I am impressed with the momentum in operational improvements; however, the work of industrializing the company is not over and needs continued focus. I look forward to being part of the journey going forward and ensuring continuity in the work ahead.“

“Norsk Gjenvinning has greatly benefited from being owned by Altor and we have had an exciting development together”, says Erik Osmundsen, CEO of Norsk Gjenvinning. “We are confident that Summa Equity will be a good owner of Norsk Gjenvinning and look forward to working with them to develop Norsk Gjenvinning further.”

The transaction is subject to customary regulations and approvals.

For more information, please contact:
Pål Stampe, Partner at Altor Equity Partners, +47 976 98 923
Tor Krusell, Head of Communication at Altor Equity Partners, +46 70 543 87 47
Erik Osmundsen, CEO of Norsk Gjenvinning, +47 915 47 885

About Altor
Since inception, the family of Altor funds has raised some EUR 5.8 billion in total commitments. The funds have invested in excess of EUR 3.6 billion in more than 40 companies. The investments have primarily been made in medium sized Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Sbanken ASA, Carnegie Investment Bank, HellyHansen, SATS/Elixia, Rossignol and Spectrum. For more information, visit www.altor.com.

Norsk Gjenvinning
Norsk Gjenvinning (“NG”) is Norway’s leading waste management company, collecting about 1.8 million ton waste yearly. NG provides services for all types of waste and operates along the whole value chain from collection through processing/recycling to selected downstream solutions. NG has ca 40 facilities and employs about 1,200 people in Norway, Sweden, Denmark and UK. For more information, visit www.norskgjenvinning.no.

 

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ATS and Service Link merge with Orwak Sweden and become the market leader in sales and service of compacting waste equipment

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Accent Equity

San Sac Group acquires the two companies Avfallsteknik Skandinavien AB (ATS) and Service Link Skandinavien AB (S
ervice Link). ATS is the market leader in sales of waste compaction equipment and Service Link offers a nationwide service organization for compaction equipment. Fredrik Jagin der, CEO of San Sac Group states:
”With the acquisition of ATS and Service Link and the upcoming merger with our Swedish sales company Orwak Sverige AB, we can offer the Swedish market the most complete product range of waste compaction equipment. In addition, we get
a nationwide service organization that ensures reliable operation at our customer sites.
The former owners of ATS and Service Link, Risto Sunell and Daniel Egeberg, remain in the business.
Daniel Egeberg comments:“The fact that our organization now gets access to the high quality products and the
competence in development andproduction of balers, which Orwak is in possession of, allows us to offer even more attractive solutions to the market.”
Risto Sunell, adds:” The merged business gains a position that enables us to become an even larger player nationwide and
strengthens our service offer further in the Swedish market.”
San Sac Group:
San Sac Group was formed in 2014 when San Sac and its subsidiaries ILAB Container and Rubaek merged with
Enviropac. The group expanded when acquiring the baler manufacturer Orwak in 2015.
With the acquisition of ATS and Service Link, San Sac Group has 275 employees and a turnover that amounts to 115 M EUR.
www.sansacgroup.com
Orwak:
Orwak is a world leader in compaction and baling solutions and offers an innovative
range of products that promotes sorting at source and make waste management more
profitable. Orwak is headquarter ed in Sweden and is present in approximately 40 countries
through subsidiaries and distributors.
www.orwak.com
ATS:
ATS is a market leader in sales of waste compaction equipment, mainly container compactors and balers.
The company has 20 employees and a turnover of approx. 11.5M EUR. The headoffice is located in Bromma, Sweden.
www.ats-ab.se
Service Link:
Service Link  specializes in service on compacting waste equipment and serves the Swedish market with a dedicated team of 18 technicians.The turnover amounts to approx. 3 M EUR.
http://servicelink.se

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