Hydrogen and energy transition private equity firm SENCO has made a €20m investment in Strohm.
The investment will help the Dutch company, which specialises in pipelines for conventional and renewable sectors – particularly the development of thermoplastic composite pipelines (TCP) – grow its hydrogen and CCUS business.
Carsten Schmeding, CEO and Managing Partner of SENCO, said it identified Strohm as a leader last year. He said, “We look forward to actively supporting the company’s future growth, together with its management and professional investor base.”
Oliver Kolbe, Managing Partner of SENCO, said its investment emphasises the high growth momentum of supplier companies for the energy transformation and its value chain.
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