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Ann: DEM acquires German industrial waste water treatment company, page-28

  1. 534 Posts.
    lightbulb Created with Sketch. 47
    Coming together nicely.

    Chemicals revenues are the more attractive part, recurring, will grow strongly with cross selling and higher margin than selling third party. Should drive a re-rate, more like SDV.

    Deal must get them very close to profitability too.
 
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