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Cambi ASA ( (DE:3W7) ) just unveiled an announcement.
Cambi ASA has acquired a 51% stake in CNP CYCLES GmbH, a German company specializing in nutrient recovery and energy-efficient solutions for wastewater treatment. This acquisition aligns with Cambi’s strategy to expand its presence in Germany, Europe’s largest sludge treatment market, and enhances its offerings beyond thermal hydrolysis. The partnership is expected to drive growth and innovation, benefiting both companies and their clients by leveraging synergies and expanding market reach.
More about Cambi ASA
Cambi is a global leader in sludge treatment technologies and solutions for wastewater treatment plants and anaerobic digestion facilities. Founded in 1992, the company is renowned for its innovative and patented technologies that enhance renewable energy output, reduce operational costs, and minimize greenhouse gas emissions. Cambi’s thermal hydrolysis process is a versatile solution compatible with various biosolids outlets and regulatory standards. The company is listed on Euronext Growth Oslo and has a strong presence across 28 countries.
Average Trading Volume: 66,507
Current Market Cap: NOK3.36B
Learn more about 3W7 stock on TipRanks’ Stock Analysis page.