Bawat A/S raises new capital of more than DKK 20m, fortifies board and management

07 October 2019

Bawat, maker of the unique ballast water treatment system that uses a ship’s own waste heat to treat ballast water, has secured more than DKK 20m in equity and brought in industry heavyweights to strengthen board and management positions.

Marcus Hummer, former COO in Kelvion, will assume the role as the company's new managing director. In addition, Bawat welcomes Thomas S. Knudsen, former MAN Energy CEO and current chair of Maritime Denmark as a board member, joined by Charlotte Hummer Vad, formerly at Novozymes, and Peter Stokbro of Unitankers. The boards chairman is still Klaus Nyborg. Bawat is grateful for the investment and trust shown by its new investors, amongst them SelfInvest Family Office, Klaus Kjærulff (Skuld chair and former Torm CEO) and Åge Søndergaard, SonFlow.

Read more here:

Press release (English)

Press release (Danish)

Press release (German)

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