Pegroco invests in Mantex
We are pleased to welcome Pegroco Invest AB as new majority shareholder of Mantex AB!
In addition to providing capital for future expansion and product development, Pegroco will also bring valuable industrial expertise.
Pegroco specialises in small-to-medium size companies, with established products, that can benefit from investments and know-how to realise their full potential. The investments are carefully selected and Pegroco has a successful record over the ten years the company has been in operation.
The product performs reliably and accurately and delivered such value that it was unthinkable that the mill could return to previous digester control methods.
`We spoke to several customers using the Flow Scanner and were very satisfied with the feedback´, Per Grunewald (Founding Partner, Pegroco) says. ‘The product performs reliably and accurately and delivered such value that it was unthinkable that the mill could return to previous digester control methods’.
‘Recent progress with the BioFuel Analyser product is also greatly encouraging with on-site trials starting to bear fruit and an enormous interest from the bio-fuel community’, Per continues.
Erik Odén, CEO Mantex, is pleased to welcome Pegroco Invest. ‘Right from the start it felt like a good fit and I am sure we will benefit greatly from their management and industry experience’.