Headquartered in Fredericia, Denmark, Union Engineering specialises in sustainable technologies for capturing, recovering and purification of carbon dioxide. The company employs around 185 people, and has sales offices in China, Brazil and the US.
“Pentair is committed to providing innovative solutions that help build a safer, more sustainable world,” said Daniel Stirpe, Pentair vice president, Process Technologies. “Reducing carbon dioxide emissions and utilizing renewable energy sources are global challenges which Pentair addresses with its carbon dioxide capture and reuse and biogas upgrading solutions, and the addition of Union Engineering’s solutions and services will provide customers greater access to innovative solutions and a wider and complimentary product portfolio.”
Jens Thøger Hansen, partner in Capidea and former chairman of Union Engineering, added: “We are pleased to have reached an agreement with Pentair as the two companies complement each other well in a number of areas. We believe that Union Engineering, under Pentair, will continue the positive development and have an even stronger foundation in the market for carbon dioxide equipment for the benefit of both customers and employees going forward.”
The partly owned subsidiary Airco Diet A/S is not part of the transaction and is still owned by Capidea and a number of minority shareholders.