Anders Invest-backed Solex Thermal Science buys Econotherm

• Anders Invest, in 2022, acquired a controlling interest in Solex
• Solex is a global supplier of systems for the heating, cooling and drying of bulk solids
• Anders Invest is a Dutch private equity firm based in Utrecht

Solex Thermal Science, a portfolio company of Anders Invest, has acquired Econotherm, a provider of waste heat recovery technology.

No financial details of the transaction were disclosed.

Econotherm is based in Bridgend, UK.

“Today’s announcement broadens our overall business portfolio to provide our global client base with an even deeper suite of best-in-class, sustainable solutions that align with their respective environmental, social and governance strategies,” said Lowy Gunnewiek, CEO of Solex.

Anders Invest, in 2022, acquired a controlling interest in Solex.

Solex is a global supplier of systems for the heating, cooling and drying of bulk solids. The company is based in Calgary, Alberta.

Anders Invest is a Dutch private equity firm based in Utrecht.