acquisition – Nordic Waterproofing

Nordic Waterproofing has signed an agreement to acquire 25% of the shares in Playgreen Finland Oy, a company offering sales and installations of solar energy solutions

June 1, 2020

Nordic Waterproofing Group has today signed an agreement to acquire 25% of the shares in Playgreen Finland Oy, a Finnish company mainly active in the field of offering design, sales and installations of solar energy solutions. Signing and closing occurred simultaneously. Playgreen Finland Oy had in 2019 an annual sale of € 3.3 m and employed 22 persons. Furthermore, Nordic Waterproofing Group has an option to within two years acquire an additional 55% of the shares in the company.

Nordic Waterproofing acquires Distri Pond Group, a leading distributor of pond systems in Belgium

February 26, 2019

Nordic Waterproofing Group (STO: NWG.ST) has acquired Distri Pond Group (“Distri Pond”) in Belgium, with the two operating companies Distri Pond NV and Pond Technics & Training BVBA. The company is a leading distributor of pond systems in the Belgium market, with annual sales of approximately SEK 110 million and 23 employees. The acquisition fits well into SealEco’s strategy of vertical integration and will increase Nordic Waterproofing’s exposure to an attractive market segment within our core business.