Blade Client CHAR Technologies Completes Acquisition of Altech Group

We’re pleased to announce Blade client CHAR Technologies Ltd. has closed its previously announced acquisition of the Altech Group (“Altech”), which is comprised of Altech Environmental Consulting Ltd. and Altech Technologies Systems Inc.

The new joint enterprise will commercialize an innovative new cleantech solid fuel product branded “CleanFyre” branded by Blade will allow large industrial customers to greatly reduce their GHG emissions without significant capital expenditures.

Related: Rebranded CHAR Technologies Receives $1 Million Grant

Bill White, Chairman of CHAR stated that, “The acquisition of the Altech Group adds over 30 years of experience in environmental technologies and professional engineering consulting” and that “Altech provides CHAR with a growth catalyst to move much of our engineering design in-house, while at the same time allows us to greatly expand our technology solutions offering for industrial clean air and clean water”.

Related: Blade Client CHAR Technologies Signs International Licensing Deal for SulfaCHAR

Blade’s relationship with CHAR has helped chart a course for success for the environmental leader for over four years; 2018 is shaping up to be another year of exciting achievements.

 

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