In an asset deal, the Eggersmann Group is expanding its product portfolio by acquiring the biological drying technology of CONVAERO GmbH. The asset deal enables entry in new markets for converting municipal solid waste to alternative fuels.
Germany-based Eggersmann Group has announced that it is expanding its product portfolio by acquiring the biological drying technology of CONVAERO GmbH. The “Bio-Dry” technology of CONVAERO, is being integrated via an asset deal into the portfolio of the Eggersmann Group with immediate effect. The contracts on the future cooperation were signed on March 2.
Eggersmann Group has decades-long experience in the field of mechanical-biological waste treatment and successfully established numerous dry fermentation waste treatment sites with the brands KOMPOFERM and BEKON.
– 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 CONVAERO Bio-Dry system 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 in a statement.
Another key element of acquiring the CONVAERO technology and brands is that the entire CONVAERO technology team and its expertise join the Eggersmann 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 Eggersmann.
– 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, said Dr Markus Binding, co-founder and CEO of CONVAERO.