# De.mem to acquire 75% stake in German wastewater treatment company Geutec

Australian-Singaporean water treatment company De.mem Ltd signed a binding agreement to acquire a 75% stake in Germany's Geutec Umwelt- und Abwassertechnik GmbH for approximately A$915,000 in cash.

- Type: Acquisition
- Announced: 2019-10-01
- Where: Germany, Germany
- Value: $620K (915K AUD)
- Status: announced
- Products: industrial wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [De.mem](https://endata.com/companies/5958.md) (acquirer)
- [Geutec Umwelt- und Abwassertechnik](https://endata.com/companies/42438.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s1365-6937(19)30263-1), 2019-10-01: "Australian-Singaporean water and wastewater treatment company De.mem Ltd has signed a binding agreement to acquire a 75% stake in Germany's Geutec Umwelt- und Abwassertechnik GmbH."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.