DS Group, a major German based energy and chemical company, acquires a majority stake in SPARKS AS, effective as from January 1, 2024.
The driver of the takeover is to strengthen DS-Group’s position in the Nordics and get more access to waste/biobased feedstock in their own operations.
For SPARKS the takeover means access to considerable financial power, chemical expertise and infrastructure.
Together the companies can speed up the decarbonization of the German/Nordic industries.