Adventus Group Establishes Joint Venture for European Expansion with S&B Industrial Minerals

11-Aug-2010 - Germany

Adventus Group announced that it has signed an agreement for establishment of a joint venture (JV) with S&B Industrial Minerals. The agreement was signed between Adventus Intellectual Property Inc. (Canada based parent company of Adventus Americas Inc. and EnviroMetal Technologies Inc.), and S&B Industrial Minerals GmbH (Germany based affiliate of S&B Industrial Minerals S.A.). Established as Adventus Europe GmbH, the countries to benefit from this initiative include all EU member states as well as Switzerland, Norway, the Russian Federation and other markets in Eastern Europe.

The purpose of the newly formed company is to expedite market adoption of its patented and proprietary portfolio of applied environmental biotechnologies targeting the soil, sediment and groundwater remediation industry.

Implementation will be managed by Mr. Mike Mueller, Managing Director of Adventus Europe GmbH. He commented that “Our most important global distribution channel remains the environmental engineering and consulting community. This venture will be focused on helping a diverse and active geographical region address some of their most challenging client sites. Intra-EU manufacturing of our products, complimentary conceptual designs, collaborative risk sharing through performance guarantees, and quantifiable cost savings over competitive offerings are just a few of the differentiating customer benefits we will continue to provide our clients.”

https://www.bionity.com/en/news/121297/adventus-group-establishes-joint-venture-for-european-expansion-with-s-b-industrial-minerals.html