HYDROCHEM AND ENVIRONEX JOIN FORCES
HydroChem
- HydroChem has acquired Western Australian chemical manufacturer Environex, a family-owned business with over 50 years of trading history
- Environex will continue to operate independently, maintaining its branded product lines and manufacturing operations in Perth, Brisbane, and Bunbury
- The combined entity will operate four manufacturing facilities plus eight dangerous goods storage facilities across Australia
- The merged companies will employ over 300 staff with an annual turnover exceeding AUD$80M
- The acquisition was completed in early February, bringing together two established family businesses
In a major acquisition, national water specialists HydroChem have purchased Western Australian chemical manufacturer Environex. The Perth based business has a national footprint, manufacturing for industry, food & beverage, mining and stone care.
Echoing HydroChem’s own humble formation in Victoria, Environex is a privately held, Australian owned, family business with a trading legacy going back over 50 years. Environex has a dedicated and highly experienced team manufacturing bespoke product lines in Perth, Brisbane, and at its original location in regional Bunbury.
“Environex is a family business with a culture similar to our own,” says HydroChem CEO Nick Duncan. ‘Bringing the two teams together will complement rather than replicate what we already do. HydroChem’s manufacturing capacity, national service responsiveness and industrial client base are all major beneficiaries of this move.”
Environex is a trusted and highly respected name in the chemical manufacturing sector, particularly in its home state of Western Australia. The company will continue to operate independently, including supplying its own original branded product lines.
Duncan says his team are excited at the prospect of combining the manufacturing capability and operational footprint of these two highly respected companies. The combined entity will manufacture across four facilities with an additional eight dangerous goods storage facilities – reducing the logistics and costs associated with supplying chemicals to clients across major cities and regional areas.
“Our potential is significantly expanded by this coming together,” Duncan explains. “It is exciting to think that the combined resources of Environex and HydroChem offer:
- A workforce of over 300 employees
- Four established dangerous goods manufacturing facilities
- An additional eight dangerous goods storage facilities
- An annual turnover of over AUD$80M
Without doubt, the market presence of this partnership is greater than the sum of its parts,” concludes the HydroChem CEO.
The sale took effect in early February.
About us:
HydroChem is Australia's leading commercial water services company. Established in 1977, HydroChem uses chemistry and innovation to deliver customised solutions to over 8,300 sites nationwide, providing safety for the community and environment. Employing a service team throughout Australia, HydroChem connects the knowledge, skills and experience of our people with technical capabilities, accredited business practice systems and global alliances.
Environex is a Perth-based, Australian owned and operated chemical manufacturer that operates three manufacturing facilities – two in its home state and one in South-East Queensland. The company focuses on providing industrial chemicals to a national customer base, including food and beverage, mining and stone care.
Contact details:
Nick Duncan
CEO, HydroChem
0411 121 848
