Biototal has acquired Mewab AB - a company active in circular plant nutrition and distribution of agricultural lime. Mewab's three business areas are Agriculture with handling and distribution of agricultural lime to farmers for optimisation of the PH value in the soil, Recycling with handling of sludge and organic products at Mewab's recycling plant outside Karlstad and Landfill with design, handling and final covering of landfills. The company was founded in 1986 and is headquartered in Karlstad. The turnover amounts to approximately SEK 70m and the acquisition broadens both Biototal's service offering and geographical presence.
"Biototal is a creative and highly expansive company that has grown steadily since its inception in 2006. Biototal operates in the field of environmental technology and circular economy, creating high quality and creative system solutions to both conserve finite resources and at the same time create long-term sustainable circular flow solutions between city, land and sea. Mewab is a company operating in the same field. Through Biototal's acquisition, both companies are further strengthened while creating good synergies between the two companies, one example being Mewab's long-term management and distribution of agricultural lime and their geographical position strengthens the whole. We look forward to an exciting journey ahead", says Mike Helber, CEO Biototal
"Biototal aims to become the leading full-service supplier of circular products to the agricultural industry. Through the acquisition of Mewab, with its market-leading position in lime, we are broadening our product offering with something that is a strong natural complement to the company's existing products. We simply believe that the two companies are stronger together and now we will continue on our sustainable growth journey!" says Stefan Karlsson, Partner MVI
MVI is an active growth investor in the Nordic environment, supporting driven entrepreneurs to take the next step in building their businesses. Together with the entrepreneurs, MVI can bring expertise in a variety of areas and lay the foundations for the next generation of Nordic companies.
