Clearwater advises Kemi-tech on its sale to Sdiptech

Transaction

Kemi-tech sold to Sdiptech

Sell-side

Undisclosed

Role

Adviser to Kemi-tech on its sale to Sdiptech

Sector

Industrial & Chemicals

Region

Denmark

Clearwater has advised Kemi-tech, the leading Danish manufacturer and supplier of chemical water treatment for industrial use, on its sale to Sdiptech, the listed Swedish technology group.

Kemi-tech specialises in the chemical treatment of all types of water-carrying systems, including steam boilers, cooling systems, and district heating plants. The company’s solutions improve efficiency, save energy, and aid longevity. Kemi-tech has successfully focused on R&D, developing its own chemical solutions to address untapped market needs, which improve the functionality and sustainability of plant performance.

Sdiptech is a listed technology group that acquires and develops market-leading niche operations. The acquisition of Kemi-tech aligns perfectly with Sdiptech’s vision of providing technologies that contribute to creating more sustainable, efficient, and safe societies.

Kemi-tech remains dedicated to drive innovation and staying at the forefront of the industry. We continually invest in R&D to develop the best solutions that address emerging challenges and deliver value to our customers. With access to Sdiptech's resources and network, Kemi-tech will further strengthen its position and accelerate growth trajectory. Our customers, suppliers, and employees can expect a seamless transition as we become part of Sdiptech, and there will be no changes in the management.
Nikolaj Riis Harter, CEO, Kemi-tech

We have experienced a smooth and seamless process handled by the Clearwater team. Our management group was well-prepared coming into the process, as we experienced a strong collaboration between all parties in preparing suitable sales material. Kemi-tech’s strong value propositions, talented management group and well-driven process, generated significant interest from multiple parties, resulting in an attractive solution for us as investors and a promising future home for Kemi-tech. The Clearwater team managed to consider all interests between the owners, providing a reassuringg negotiation environment and maintaining diligence throughout the common process timeline with transparent communication along the way.
Jeppe Nyby, Partner, Vækstinvest

Kemi-tech is an ESG-superstar with an impressive approach to pushing a green agenda in a traditional industry. They truly walk-the-talk both their own business operations and in assisting customers with optimising their operations from an economic and environmental perspective. These strong value propositions gained immense interest during the process, as the focus on ESG continues to be a key driver in the current M&A market. Kemi-tech is on an excellent growth trajectory, and we are proud to have assisted them in this ownership transition, which will form the basis for even greater ambitions in the future.
Klaus Hansted, Director, Clearwater