Renzenbrink & Partner advises HydroDyn on investment by NEXT GENERATION GROUP
4 August 2023
NEXT GENERATION GROUP has acquired a majority share in Hydrodyn Recycling GmbH.
HydroDyn is a leading engineering company headquartered in Hamburg, Germany, with a R&D and technology center in Schwerin, Germany. Established in 2015 as a start-up, HydroDyn specializes in providing advanced plastic waste treatment solutions centered around its core cleaning and purifying technologies, based on its unique HydroCleaner. With a team of 40 dedicated professionals in mechanical, process and process water engineering, HydroDyn offers expertise and cutting-edge technology to address the challenges of plastic waste material preparation for mechanical and chemical recycling. The company’s commitment to excellence and innovation aligns with its mission to contribute to a more sustainable and circular economy by transforming plastic waste into valuable feedstock resources.
NEXT GENERATION GROUP, an Austrian company founded in 2014 in Feldkirchen/Donau, is driving the circular plastic value chain forward with its innovative technologies. The group brings together a wealth of knowledge and technologies that cover the entire product lifecycle under one roof.
Renzenbrink & Partner has comprehensively advised HydroDyn on the investment of NEXT GENERATION HOLDING. The team consisted of partners Dr Andreas Stoll and Dr Ulf Renzenbrink and associates Eike Rabenberg and Malte Pulmer (all Corporate/M&A).