- De.mem (DEM) has officially completed its $5.1 million buyout of Perth-based wastewater treatment company Capic
- The companies offer complementary wastewater treatment services, and the Capic deal gives De.mem greater access to Western Australian clients
- The purchase deal initially flagged in mid-March, with De.mem raising $9 million through a placement to private investors to fund the deal
- At the same time, De.mem launched a share purchase plan to retail investors, which initially slated to close on April 20
- However, with the Capic buyout now complete, De.mem said the purchase plan will closing early at 5:00 pm on Monday, April 12
- Capic has 50 clients across WA, including high-profile miners like BHP, Northern Star, and Pilbara Minerals
De.mem: Completes $5.1M Capic buyout, closes purchase plan early
Popular Categories
Previous article![]( "Universal Biosensors: Signs Canadian distribution deal")
Next article![]( "Nuclein: Raises $14M in Series B Funding")
