A German family company takes over the Luxembourg-based APATEQ

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On January 31st, 2024, Eurobeton (Luxembourg) sold its majority shares in APATEQ to a German family company.

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The CEO of Eurobeton S.A. and angel investor Robert Dennewald founded Apateq 11 years ago together with the current management to develop innovative compact systems for water treatment for the oil & gas industry, shipping and the food industry. “Our successes on the global market, our expertise in plant engineering and our experience in the field of ultrafiltration attracted the attention of the buyer,” explained Dennewald.

“The new shareholder will enable Apateq to achieve considerable development potential through its financial strength, its global sales network and its industrial expertise,” says the buyer’s CEO. "The management of Apateq will continue to be secured by Bogdan Serban, CEO, Dirk Martin, CSO and Ulrich Bäuerle, CTO," he added.

The acquisition offers APATEQ the opportunity to make innovative technologies available to a broader customer base and through the collaboration with the new shareholder, APATEQ will intensify research and development activities and continuously improve products to meet increasing environmental and sustainability requirements.

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