# Betco to acquire Novozymes wastewater business assets

Betco Corporation entered into a binding agreement to acquire certain wastewater business assets from Novozymes A/S. The acquisition is expected to close in the first quarter of 2023.

- Type: Acquisition
- Announced: 2022-10-04
- Where: United States
- Status: announced
- Products: wastewater treatment solutions, bioaugmentation products
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Novozymes](https://endata.com/companies/364.md) (target)
- [Betco Corporation](https://endata.com/companies/65627.md) (acquirer)

## Sources

- [betco.com](https://www.betco.com/about/betco-news/blog/2022/10/04/betco-to-acquire-certain-assets-of-novozymes-wastewater-business), 2022-10-04: "This acquisition will allow us to immediately fulfill a strategic growth initiative and provides a significant opportunity for long-term, accretive earnings."

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