Absolent Group has received a large order in the UKAbsolent Group company Cades Ltd has secured an order worth 32,6 MSEK from a major UK woodworking company. It is the largest order Absolent Group has ever received. The contract is for a replacement wood waste dust extraction system and storage silos which will be fully ATEX compliant. Installation is due to begin in October 2019 and will take approximately 12 months to complete.
"We are delighted that the customer selected Cades Ltd for this project. Cades became part of the Absolent Group at the end of January and the stability afforded by having the backing of the Group was one of the factors in the contract win.
"In addition to the filters and fan sets, the system will also include 17 main duct lines which will use FastClip ducting. FastClip is manufactured in the UK by Gallito, one of our other companies. It will also benefit from Ecogate technology to control the amount of energy used by the system. This project is a great example of the full capability of our Group following our recent acquisitions," comments Filtermist International CEO James Stansfield. 2019-08-13 Contact:
Axel Berntsson, CEO Absolent Group, +46 510 48 40 00
The Absolent Group share is traded on Nasdaq First North.
Certified Advisor is Erik Penser Bank AB. Tel +46 8-463 83 00.
E-mail: [email protected]
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