National water specialists HydroChem has 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.
HydroChem CEO, Nick Duncan, said Environex is a family business with a culture similar to their own.
“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,” he said.
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 said 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,” he said. “It is exciting to think that the combined resources of Environex and HydroChem offer an annual turnover of over AUD$80 million.”
This is in addition to eight dangerous goods storage facilities, a combined workforce of over 300 employees and four established dangerous goods manufacturing facilities.
“Without doubt, the market presence of this partnership is greater than the sum of its parts,” he added.