Hydro

Hydro International, is a design and engineering business operating in the water sector. Based in the UK, but with significant operations in the US, Hydro creates and sells grit separation products into the wastewater sector, as well as devices for controlling, storing and treating storm water. 

Investment thesis and outcome

Hanover re-focused the company strategy on Hydro's core markets in Europe and the US. Through the removal of excess cost and organic growth, EBITDA almost trebled over Hanover's hold period.

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• Investment team contacts

  Fred Lundqvist
  Matthew Peacock
  Tom Russell

• Sector

  Manufacturing

• Initial investment

  August 2016

• Transaction type

  Public-to-private

• Exit

  January 2018

• Status

  Realised
• www.hydro-int.com

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