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strengthens their international leading position in mobile hydraulics components and systems engineering by the acquisition of Hyco International Inc.
WEBER-HYDRAULIK, a leading and innovative international group that implements sophisticated customized solutions for hydraulic drive and control engineering has, with effect from 22. July 2011, acquired the US based Hyco International Inc. from the US financial investor Centre Partners Management LLC.
Hyco International Inc., with manufacturing locations in Canada, USA, Brazil and Germany is a world-wide supplier of hydraulic cylinders. With 600 employees and an annual turnover of approximately € 100 million, HYCO‘s products are used in forestry and construction machinery, refuse handling equipment, dump trucks, oil and gas field installations and cranes, as well as mining and agricultural equipment.
WEBER-HYDRAULIK, which is headquartered in Güglingen, north of Stuttgart, is a 100% family-owned company. With an annual sales of over € 200 million, the company has approximately 1,250 employees at several locations worldwide and is designing and producing customized hydraulic components and systems for market leading customers in a variety of industries including commercial vehicles, mobile cranes, agricultural and construction machines, fork-lift trucks, as well as utility vehicles and industrial equipment.
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