Expansion of Our Sustainable Portfolio

Acquisition of Norwegian Innovator Sparks AS

From left to right: Michael Terfehr (DS Chemie Holding), Aasmund Saether (Partner at Sparks), Thomas Mathiesen (Managing Director of Esti Chem and Chairman of the Supervisory Board at Sparks), Geir Markussen (Partner at Sparks), Jon Refsnes (Partner at Sparks)
Effective January 1, 2024, we have acquired the majority stake in Sparks AS. With the acquisition of Sparks AS, the chemical division of the DS Group achieves another milestone in developing sustainable solutions for the process industry.

Esti Chem A/S and Sparks AS share the goal of using bio-based materials to reduce the CO2 footprint of our products (PCF). Entrepreneurial responsibility and innovation are deeply rooted in both companies. It’s great that we can join forces and accelerate the development of products and technologies for a better world.

Thomas Mathiesen, Managing Director of the Danish DS unit (Esti Chem A/S) and Chairman of the Supervisory Board of Sparks AS

The company’s focus is on the sale of sustainable raw materials to Nordic industrial companies operating in the energy, asphalt, and gas and water treatment sectors. “Through the DS corporate network, we can now make our solution accessible to a broader customer base,” says Thomas Mathiesen. Since its foundation in 2014, Sparks AS has been supporting its Scandinavian customers in reducing their CO2 footprint by replacing existing fossil-based products and chemicals with sustainable alternatives and converting waste into valuable resources.
Sparks A/S Logo
at a glance:

Million euros annual turnover in 2023

Tons of delivered products and solutions

founded in Asker, near Oslo (Norway)

Employees working in sales and support

With the acquisition of Sparks, we have strengthened our presence in the field of climate-friendly technologies. The synergies between Sparks’ expertise and the subsidiaries of the DS Group can create new innovative solutions for a sustainable transformation of the industry.

Our Mission

Since our foundation in 1920, we have evolved from a mineral oil trader to a future-oriented, globally active energy and chemical company. Our commitment to sustainability and innovation drives us to advance the industry and promote future-proof solutions in all areas through synergies and partnerships with pioneering companies like Sparks.

Visit www.sparks.as and our website for more information.

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