Share price

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

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.