Guldager A/S has initiated strategic cooperation with the Danish company Hydro-X, which for many years has supplied chemical products for water treatment in the industrial sector as well as for the heating sector. The aim of the cooperation is to exploit the common synergies between the two companies, which will focus on common business opportunities at the European level using know-how, products and services.
Hydro-X has a large partner network with extensive experience in water and cooling treatment and with several ISO certifications, which ensure uniform products and service of high quality. Guldager has a long history in water treatment and a broad-based service business. Guldager works for sustainable water treatment and has joined the UN Global Compact and the UN ESGs.
The strategic collaboration with Hydro-X is another milestone in Guldager’s history, which this year celebrates its 75th anniversary since its founding in 1946 by the Guldager brothers Harald and Poul Guldager. Until 2016, it was a family-run company where a generational change was made in 2016 through the Danish private equity fund Capidea taking over the majority in Guldager. Capidea is a Danish private equity fund that invests in competitive small and medium-sized Danish companies with potential for growth. In addition to majority shareholder Capidea, Guldager is today owned by Hydro-X International and the management of the company.
Claus Torbøl, CEO at Guldager, is enthusiastic about the collaboration and looks forward to even better service opportunities: “We are very pleased with the partnership with Hydro-X, which will strengthen our AdditiveCare business, but at the same time also create a unique position as Full-Service Provider. In practice, this means that our customers only need one supplier within water treatment. We are a leading Danish company in water treatment, which for 75 years has built a European organization with skilled and motivated employees. The water treatment area is growing rapidly, and Guldager has strong competencies as well as a good position on the market in Denmark, Germany, Switzerland and Belgium. The goal in the coming years will be to use the many years of experience of the employees in Guldager and Hydro-X to expand the companies in the field of water treatment through continued development, acquisition of companies and technologies.”
Ernst Kristensen, Group Executive at Hydro-X sees many opportunities in this partnership: “This collaboration will strengthen both Hydro-X and Guldager’s position in water treatment, and especially through the service concept Full Service Provider, so that our customers only need one supplier for water treatment. At the same time, we will offer our partners Worldwide access to Guldager’s know-how, product range and services to strengthen their competitive position in local markets.”
Read more about Hydro-X here: https://hydro-x.com/