Scanship to acquire ETIA Ecotechnologies

Scanship Holding ASA through its subsidiary Scanship AS has entered into a share purchase agreement for the acquisition of ETIA Ecotechnologies.

Scanship and ETIA will jointly target all markets where pyrolysis can be deployed to convert organic waste, biomass, plastic and polymers into energy, fuels, biogenic materials or molecules for the purpose of decarbonizing energy, capturing carbon, valorising waste and creating end-of-waste solutions. The parties have the ambition to create a market leading supplier in the industries that will be addressed.

ETIA Ecotechnologies is a French engineering group specialized in innovation, equipment, and processes for continuous thermal treatment. The company designs and provides plants for processing biomass, food products, and industry residues, which are widespread in the sectors of environment, agro-food and energy.