Voith completed the majority share acquisition of ARGO-HYTOS

Voith completed the majority share acquisition of ARGO-HYTOS

Agreement between SBP Holdings and Mattson Distributing Company
Agreement between SBP Holdings and Mattson Distributing Company
Terex MP acquired Canadian company ProAll
Terex MP acquired Canadian company ProAll
Trelleborg acquired Minnesota Rubber & Plastics
Trelleborg acquired Minnesota Rubber & Plastics
DexKo Global to acquire Fluid-Press Group
DexKo Global to acquire Fluid-Press Group

Voith completed the majority share acquisition of ARGO-HYTOS

Voith completed the majority share acquisition of ARGO-HYTOS

On August 2, 2022, the global technology company Voith announced the successful completion of the majority shares acquisition of AGRO-HYTOS, the Switzerland-based hydraulics and system solutions provider. Both parties signed the purchase agreement on June 6, 2022 and even after the acquisition, the AGRO-HYTOS brand will operate independently with the addition "a Voith Company". AGRO-HYTOS currently employs over 1,600 employees.

Agreement between SBP Holdings and Mattson Distributing Company

Agreement between SBP Holdings and Mattson Distributing Company

SBP Holdings, the company specializing in industrial rubber and fluid power industries, and Mattson Distributing Company, the industrial equipment supplier have recently joined forces. After this acquisition, Mattson Distributing company will start operating within the Fluid Power & Automation Division of SBP Holdings. This new addition will increase the company’s North American footprint, with an overall presence of approximately 70 locations.

Terex MP acquired Canadian company ProAll

Terex MP acquired Canadian company ProAll

Terex Material Processing (MP) recently completed the acquisition of Canadian company ProAll, the mobile volumetric concrete mixers specialist. The company ProAll was founded in the mid-1960s and initially, this was an importer of volumetric mixers in Canada. Currently, the company employs 170 people and has its primary production in Olds, Alberta, and the service and installation site in Keller, Texas.

Trelleborg acquired Minnesota Rubber & Plastics

Trelleborg acquired Minnesota Rubber & Plastics

The global leader Trelleborg has recently signed an agreement to acquire the US-based Minnesota Rubber & Plastics, the company that designs and manufactures custom molded elastomeric and thermoplastic components and assemblies. Minnesota Rubber & Plastics was acquired by the global investment firm KKR in November 2018 and Trelleborg completed the acquisition from KKR in a transaction valued at approximately US$950 million.

DexKo Global to acquire Fluid-Press Group

DexKo Global to acquire Fluid-Press Group

The global leader DexKo has recently signed an agreement for acquiring Italy-based Fluid-Press Group. The Fluid-Press group specializing in hydraulic valves and manifold block development was founded in 1971. After the acquisition, Fluid-Press will be working closely with Safim Brakes as a part of DexKo’s Hydraulics business. This acquisition aims to strengthen DexKos hydraulic industry presence by expanding product portfolio.
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