Lynatox was able to prove the effectiveness of its technology through extensive field studies in schools and decontamination plants as well as through successful treatment of highly contaminated samples. The tests demonstrated extremely high effectiveness in decomposing toxic substances and an ability to run the system with low energy usage. With the acquisition of Lynatox shares, Diersch & Schröder found a strong and innovative clean-tech partner and a great supplement for its business units Energy & Chemistry to address future markets in sustainability. The sales price will remain undisclosed. “As we have supported Lynatox GmbH from the beginning as a seed investor, I am very pleased to have found a great strategic fit and an experienced partner that will further develop Lynatox’ operations in Thuringia”, said Katja Butzmann, Senior Investment Manager at bm|t. “With new synergies evolving through the coöperation between Lynatox and Diersch & Schröder, we are developing new technologies to protect the most valuable resources of the next century”, added Jan Christiansen, CEO of Diersch & Schröder group. „As part of the strategic partnership, Diersch & Schröder will integrate our technology into their well-established business units and will catalyze our company growth”, agrees Daniel Martschoke, managing director at Lynatox GmbH.
About Lynatox GmbH: Lynatox GmbH, based in Ohrdruf and Ilmenau, Germany, was founded by Daniel Martschoke, Tobias Schnabel und Lars Matting in 2016. The young technology company develops innovative and powerful systems to decompose complex organic pollutants in air and water. Offering unique characteristics compared to current solutions, Lynatox is poised to emerge as a technology leader in the market. (www.lynatox.de)