This week, HLD Europe made an investment in APATEQ, a company specialized in water purification and a key CleanTech company in the Grand Duchy. The private equity fund makes its first investment in Luxembourg, becoming a shareholder of APATEQ.
After the acquisition of Kiloutou, Lazartigue, Rafaut, AEds and BBO in recent months, HLD Europe today announced its first investment in Luxembourg, within the Cleantech APATEQ.
APATEQ is a Luxembourg based company founded in 2013 and specialized in the purification of water. The company, with a 2-hectare production site close to Luxembourg airport, designs and manufactures its equipment, using proven membrane technologies. These state-of-the-art techniques are used for the treatment of water in the oil and gas extraction by hydraulic fragmentation, separating oil and water; but also, more recently, for the treatment of “scrub waters”, resulting from the washing process of the exhaust gases of large vessels. The company has known a spectacular development and grown from a turnover of 2 to 30 M€ in 2018.