EQT Future Set to Acquire Majority Stake in DESOTEC, Enhancing Mobile Filtration Solutions
EQT Future Acquires Majority Stake in DESOTEC
EQT Future, the investment arm of EQT, has announced the acquisition of a majority stake in DESOTEC, a company recognized for its innovative mobile filtration solutions. This strategic move is set to enhance DESOTEC's growth and expansion, particularly in less saturated markets across Europe and in the emerging North American market.
Background on DESOTEC
Founded in 1990 and based in Roeselare, Belgium, DESOTEC has established itself as a leader in the domain of circular mobile filtration. The company's cutting-edge Filtration-as-a-Service model allows industrial clients to effectively eliminate pollutants such as volatile organic compounds (VOCs), PFAS, and hydrogen sulfide from air, water, and soil. This flexible approach combines renting mobile filters with logistics and in-house carbon reactivation services, which significantly facilitates compliance with stringent environmental regulations while minimizing emissions and waste.
Growth and Impact
With the largest fleet of mobile re-activated carbon filters globally, DESOTEC serves over 2,000 clients throughout Europe and North America. The business model not only assures strong recurring revenue but also leads to high customer retention rates, emphasizing the critical nature of its services. This unique value proposition is expected to be pivotal as EQT aims to bolster DESOTEC's footprint in North America, a market that is still developing but showing a rising emphasis on air and water quality and compliance-driven filtration solutions.
Strategic Partnership
This significant acquisition comes with the backing of two distinguished German family offices, Athos and Merckle, who will partner with EQT Future as co-investors. This partnership reflects a unified goal of furthering DESOTEC's mission to promote environmental well-being through its innovative filtration technologies. Andreas Aschenbrenner from EQT Future expresses enthusiasm about the acquisition, noting DESOTEC's combination of a sound business model with tangible environmental benefits.
Commitment to Sustainability
Mark Thys, CEO of DESOTEC, reinforces the company’s commitment to its mission of protecting the planet through cleaner air, water, and soil. Under EQT Future's partnership, DESOTEC anticipates enhancing its circular business model and supporting customers in adjusting to rigorous environmental standards in a cost-effective manner.
Future Prospects
The transaction, which is subject to standard conditions and approvals, is projected to close in the first half of 2026. As EQT and their partners embark on this new chapter, they aim to not only fortify DESOTEC’s expansion across Europe but also to accelerate its operations in North America.
The acquisition highlights the growing recognition of sustainable practices within the corporate sector and clearly illustrates the viable economic potential of businesses focused on environmental sustainability. Efforts like these are a testament to a broader movement aimed at addressing ecological challenges and driving innovation in essential industries.
As this partnership unfolds, all eyes will be on DESOTEC as it continues its journey to revolutionize mobile filtration and contribute positively to the environment, setting a benchmark for others in the industry to follow.