Northern Environmental and Water Solutions (“NEWS”) is a market leading provider of pressurized sewage solutions based on passive treatment technology to customers across Northern Europe. NEWS provides cost efficient solutions for households that are not connected to municipal wastewater treatment. The NEWS group was created in 2014 through the merger of Skandinavisk Kommunalteknik (“SKT”) and FANN.
Value creation plan.
Create a full-service provider of environmentally friendly sewage solutions for households not connected to municipal wastewater treatment
Implement sales and cost synergies within the combined group
Drive organic growth by addressing the large number of Nordic households that do not have environmentally friendly wastewater solutions or that do not comply with local or national regulations