Cassandra Oil closes plant sale to REAKTOR APS.
A subsidiary of REAKTOR APS, a company registered in Denmark, and Cassandra Oil AB (Cassandra) registered in Sweden, has on the 24th of September signed a Sale and Purchase Agreement for one CASO processing plant, at a price of €4.5millon (SEK 42.8 million). The first instalment payment of €2.0 million (SEK 19.1 million) shall be made to Cassandra before the 25th of October 2017. The delivery of the processing plant will take place in the early part of 2018.The processing plant will be located in Fredriksvaerk, Denmark, for the purpose of recycling of discarded tires. - We are