DP CleanTech acquires IuT Group

DP CleanTech (HK) Ltd today announced its recent acquisition of the waste management specialist IuT GmbH and the simultaneous launch of DP’s new global Waste Management division – a new platform within the DP CleanTech Group for the provision of specific services to the waste management sector.
Q_pictures, pixelio.de

From the world’s first commercial biomass power plant in Denmark in 1996, DP technology has led the development of the global biomass industry and today’s announcement signifies the next step in DP’s growth.

Simon Parker, DP’s CEO and Reinhard Goeschl, the founder and chairman of IuT today signed an agreement which integrates IuT with the DP Group.  IUT’s proven know-how, technology and services for the waste management sector are highly complementary and aligned with DP’s own offerings and will support DP’s strategy to expand its services to meet the needs of waste management developers and operators. According to DP CleanTech Reinhard Goeschl will take the position of Chairman of the newly formed division.

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