Blackstone (BX) to Acquire DESOTEC

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Go back to Blackstone (BX) to Acquire DESOTEC

Blackstone Agrees to Acquire DESOTEC, Leading European Environmental Services Company

March 18, 2021 10:28 AM EDT

LONDON--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone have agreed to acquire DESOTEC (the Company), a leading European environmental service company, from EQT. This investment aligns to Blackstones core private equity strategy which is designed to hold investments in high-quality, market-leading companies for longer periods than traditional private equity.

Based in Roeselare, Belgium, DESOTECs mission is to help protect the planet through innovative circular filtration solutions, enabling clean water, air, and soil. The Company was founded in 1990 and is focusing on mobile purification solutions mainly... More