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December 20, 2018

KD Group A/S Signs Strategic Collaboration Agreement with Cypriot Company to Produce Wastewater Products in Egypt and Africa

KD Group A/S signed an agreement with a Cypriot based Company to jointly establish a Sales, Engineering & Production plant in Egypt for wastewater products with a strategic goal of becoming the top tier player (one of the top three players) in the Egyptian and African wastewater markets, by delivering high quality products and solutions to our Customers.

The agreement aims to explore new ways to enrich the Egyptian customer experience by providing value engineered (optimized), energy saving mechanical equipment & solutions for the wastewater market with high quality, based on the KD concept – “Built To Last”. 

The two companies agreed to establish a joint production plant in Egypt to produce wastewater solutions and products with a view to explore innovation opportunities across the wastewater industry segment and the intention to have additional export capacity to customers in the African and the Middle Eastern regions.

Simultaneously, with this establishment, the Cypriot company has invested and acquired a stake in KD Group A/S based in Denmark. KD Group A/S is the holding company for KD Maskinfabrik A/S (KD DWE), KD VeSave A/S and KD Precast Piling A/S.

Jens Krogh, CEO at KD Group A/S, says; “With the collaboration in a Joint Venture with this strong Cypriot company in Egypt and a common vision, we believe to become one of the top 3 most trusted manufacturers of High Quality Wastewater equipment in Egypt by leveraging new opportunities and contacts in the local Egyptian market and hereby to build a sustainable strong foundation for success. As part of our ‘In EGYPT, For Egypt and Africa strategy,” we look forward to working closely and be focused to offer high quality equipment and technical know-how. With our smart products manufactured with the concept of ‘Built To Last’, we assure an great returns to our customers in Egypt and Africa.”  

About KD Group A/S:  KD Group A/S consists of KD Maskinfabrik A/S (KD DWE) & KD VeSave A/S and is a technology leader in supplying energy efficient Mechanical Equipment to the Wastewater and Water reuse segment worldwide. The Company is based in Denmark with subsidiaries in Egypt and China and has produced and delivered wastewater equipment for more than 50 years worldwide. 

Contacts:

Jens Krogh, CEO at KD Group, jk@kd-group.dk, Mobile Number + 45 29438532