German Firm Continues Expansion Following Recent BEKON Purchase : Eggersmann Expands with Acquisition of Biowaste Drying Technology Firm CONVAERO
Eggersmann Group is expanding its product offering with the acquisition of fellow German firm and biological drying technology specialist, CONVAERO GmbH.
Eggersmann said that Bio-Dry™, the biological drying technology of CONVAERO, is being integrated via an asset deal into its portfolio with immediate effect.
Marienfeld based Eggersmann has been active in the mechanical-biological waste treatment market for several decades and also owns brands including KOMPOFERM and BEKON and said that it has developed numerous dry fermentation waste treatment sites.
”The Bio-Dry™ technology now allows us to enter new markets in countries with limited financial strength but where waste volumes and energy demand are growing substantially. For such market conditions the Bio-Dry™ system of CONVAERO provides the optimal solution, namely the biological drying of municipal solid waste for the production of alternative fuel,” explained Karlgünter Eggersmann, CEO of the Eggersmann Group.
Eggersman added that another key element of acquiring the CONVAERO technology and brands was the fact that the entire CONVAERO technology team and its expertise now join the Group.
”The many years of experience of these new employees in membrane covered waste treatment complements and hugely boosts our competence in this field,” said Karlgünter Eggersmann.
The co-founder and CEO of CONVAERO, Dr Markus Binding, commented: ”What began in the mid-nineties as a bold composting innovation and after being realized in more than 300 plants worldwide, now starts a new age.”
“This cost-effective waste treatment under special membranes will be integrated into the comprehensive, turnkey mechanical-biological solutions marketed by the Eggersmann Group. We are convinced that Bio-Dry will be sold even more effectively within a turnkey solution environment and so we look forward to new joint sales activities,” he concluded.
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