NORD Holding has successfully sold its majority stake in Dr. Födisch Umweltmesstechnik AG to ABB Ltd., marking a strategic move to enhance the growth and sustainability of the environmental technology sector.

Information on the Target

Dr. Födisch Umweltmesstechnik AG, established in 1991, is a leading corporation specializing in environmental, process, and analytical technology, particularly known for its expertise in Continuous Emission Monitoring Systems (CEMS). Headquartered in Markranstädt near Leipzig, the company operates a production facility covering 3,000 square meters, alongside additional locations in Germany, the Netherlands, and China. Dr. Födisch provides solutions for environmental inspection and certification across various industries, including power plants, waste incineration facilities, and the paper, glass, and cement sectors, effectively assisting companies in monitoring and complying with pollutant emissions efficiently.

Employing approximately 250 staff members, Dr. Födisch generated an annual revenue of around €50 million. The company has garnered a respected reputation in the environmental and process measurement industry in Europe, demonstrating its commitment to innovation and sustainability in industrial operations.

Industry Overview in Germany

Germany is a pivotal player in the global environmental technology sector, characterized by a robust commitment to sustainable practices and innovation. The German government continues to invest heavily in environmental protection through legislati