Latest news

8 January 2021

Expanite continues the development within surface hardening of titanium – by adding a new test furnace!

“Improving our solutions is an ongoing process, we will never stop…” says Expanite’s CEO Thomas Abel Sandholdt when he refers to the latest investment that Expanite has made within surface hardening of titanium. The future in Expanite’s titanium solutions Expanite recently added a new furnace to the treatment centre in Denmark, with the purpose of improving the surface appearance of parts which have been hardened. Together…

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20 November 2020

Clearwater International advises the shareholders of Borit on the sale of the company to Weifu High-Technology Group

Clearwater International has advised the shareholders of Borit NV (Borit), a leading manufacturer of fuel cell metal bipolar plates, on the sale of the company to Weifu High-Technology Group (Weifu), a Chinese state-owned and stock-listed automotive components manufacturer, for an enterprise value of €42.7m. Borit’s shareholders were represented by Finindus and PMV, two Belgium-based investment companies. Borit, headquartered in Geel,…

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20 November 2020

BORIT, SPECIALIST IN METALEN BIPOLAIRE PLATEN VOOR BRANDSTOFCELLEN, GAAT OP IN WEIFU

Borit NV (Borit), producent van componenten voor brandstofcellen en electrolysers, wordt verkocht aan Weifu High-Technology Group (Weifu). De Vlaamse investeringsmaatschappij PMV en Finindus, een investeringsmaatschappij van de Vlaamse overheid en ArcelorMittal, stappen met de verkoop uit het Geelse productiebedrijf.  De overname beoogt de verdere uitbreiding en internationalisatie van de technologie ontwikkeld in Geel binnen een toonaangevende…

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8 September 2020

Major automotive, pumps and food processing equipment makers can’t be wrong in choosing an alternative for hard chrome plating!

With more than 20% of the turnover coming from hard chrome replacement projects, Expanite, the Danish pioneer within surface hardening of stainless steel, is on its way to position itself as one of the most used alternatives for hard chrome plating. Finding a replacement for hard chrome plating can be challenging, and with EU regulations lowering the limit value for hexavalent chromium, across the industrial markets, need to find alternatives. Hard…

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7 July 2020

Sale of shares in PowerCell Sweden AB (publ)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. Two shareholders in PowerCell Sweden AB (publ) (the "Company" or "PowerCell"),…

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3 July 2020

Richard Berkling appointed new CEO of PowerCell Sweden AB

The Board of Directors of PowerCell Sweden has appointed Richard Berkling as new CEO of PowerCell Sweden AB. Richard Berkling, who is today CEO of CPAC Systems, will assume the position at the latest by year-end, and will replace Powercell’s current CEO Per Wassén. Per Wassén will assist Richard Berkling during a transition period but will leave the position as CEO as from today’s date. During the transition period Karin…

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