# BÜFA acquires minority stake in Ferr-Tech

BÜFA Group acquired a minority share in Ferr-Tech, a specialty chemicals producer for industrial wastewater treatment. The investment of around €2 million will be used to increase production capacity and expand into the US. The deal was signed on November 22, 2022.

- Type: Acquisition
- Announced: 2022-11-22
- Where: Meppel, Netherlands, Netherlands
- Value: $2.10M (2.00M EUR)
- Status: announced
- Products: FerSol (Ferrate(VI))
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [BÜFA Group](https://endata.com/companies/64166.md) (acquirer)
- [Ferr-Tech](https://endata.com/companies/66823.md) (target)

## Sources

- [buefa.com](https://www.buefa.com/en/media/detail/buefa-invests-in-innovative-scale-up-business-ferr-tech), 2022-11-23: "Both partners complement each other well – BÜFA with its experienced sales organization in various international markets and Ferr-Tech as an agile scale-up business with its innovative technology."

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