Chp

Chp is a Belgian company specializing in advanced conveyor lubrication technologies, emphasizing innovative solutions to enhance operational efficiency in various industries, including food and beverage, automotive, and pharmaceuticals. Founded in 1997, Chp is focused on developing lubrication systems for conveyor systems. The company has undergone strategic shifts but remains independent without reported parent or subsidiary relationships. Headquartered in Belgium, the company has executed one deal as of June 26, 2018, when KeBeK Private Equity and Algimo acquired a majority stake.

Pascal Stuyck serves as the CEO. Chp specializes in advanced conveyor lubrication technologies, primarily through its flagship product, MicroDry®, which includes systems such as MicroDry® Air, MicroDry® Slat, and MicroDry® All-In-One. These solutions utilize the DLT-333® lubricant to reduce friction and energy consumption, addressing production line challenges. Chp supplies its products to approximately 720 factories across 78 countries, targeting industries like food and beverage, automotive, and pharmaceuticals.

Chp generates revenue through direct sales of its lubrication solutions, including single purchases and ongoing service contracts for installation and maintenance. The pricing structure reflects the value of its technology, focusing on high returns on investment and lower operational costs through its patented MicroDry® products. In the most recent year, the company reported an EBITDA of USD 3,135,946. 30.

Chp aims to enhance its product offerings with upcoming innovations in lubrication technology. The company plans to expand into new markets within Europe and North America by the end of 2024. The funding from the recent acquisition in June 2018 will support these initiatives, enabling Chp to bolster its research and development efforts and broaden its market presence.