OTI Greentech AG, a specialist in industrial cleaning, has reached an agreement with the owners of its JV partner KMI Cleaning Solutions to take over KMI completely. OTI's goal is to complete the acquisition still in 2020. KMI is one of the largest suppliers of chemical cleaning agents and equipment for the tank wash market in the USA and Canada. The combined, profitable sales volume of both companies is expected to be approximately EUR 13m this year.
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