Hydraflex Expands European Reach with Hydralectric Acquisition
Deal News | Feb 26, 2025 | Addleshaw Goddard
International law firm Addleshaw Goddard has advised Hydraflex, a manufacturing company, on its acquisition of Hydralectric International and its European subsidiaries. Hydraflex acquired 100% of Hydralectric's equity from Rockpool Investments, a London-based private equity firm, and the management team. The acquisition returns Hydralectric to family ownership and allows Hydraflex to expand its manufacturing and distribution capabilities in Europe, particularly through subsidiaries in Slovenia and France. The expansion increases Hydraflex's workforce to 160 staff across ten sites. Addleshaw Goddard provided legal advice, with its team led by Carly Gulliver and supported by professionals like Miriam Doukhan and Frances Scarisbrick. Sentio Partners and Kreston Reeves advised on the corporate finance and tax aspects, respectively. Duncan MacBain, CEO of Hydraflex, praised Addleshaw Goddard for their efficient handling of the transaction.
Sectors
- Manufacturing
- Private Equity
- Legal Services
Geography
- United Kingdom – Hydraflex is a UK-based company, and the transaction involved a UK-based private equity firm, Rockpool Investments.
- Europe – The acquisition expands Hydraflex's presence in Europe, particularly through subsidiaries in Slovenia and France.
Industry
- Manufacturing – Hydraflex and Hydralectric are involved in the manufacturing industry, producing hoses and valves for the water industry.
- Private Equity – Rockpool Investments, a private equity firm, was the seller in the transaction.
- Legal Services – Addleshaw Goddard provided legal advisory services for the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hydraflex | Acquiring Company | Company | A manufacturing company expanding its European manufacturing and distribution capabilities. |
| Hydralectric International | Target Company | Company | A manufacturer of bespoke hoses and high-performance valves, previously owned by Rockpool Investments. |
| Rockpool Investments | Selling Company | Company | A London-based private equity firm that sold its stake in Hydralectric. |
| Addleshaw Goddard | Legal Advisor | Company | An international law firm that provided legal advisory services for the acquisition. |
| Sentio Partners | Corporate Finance Advisor | Company | Advised Hydraflex on the corporate finance aspects of the deal. |
| Kreston Reeves | Tax Advisor | Company | Provided tax advisory services, led by Andrew Griggs and Mohammed Mujtaba. |
| Duncan MacBain | CEO | Person | CEO and founder of Hydraflex, involved in the acquisition process. |