MANULI RUBBER INDUSTRIES AND RYCO COMBINATION TO RESULT IN A NEW MARKET LEADER

MANULI RUBBER INDUSTRIES AND RYCO COMBINATION TO RESULT IN A NEW MARKET LEADER

MANULI RUBBER INDUSTRIES AND RYCO COMBINATION TO RESULT IN A NEW MARKET LEADER

Manuli Rubber Industries Acquires Majority Stake in Ryco Hydraulics

According to the latest announcement, Manuli Rubber Industries SpA (MRI), headquartered in Milan, has acquired a majority shareholding in Ryco Hydraulics Pty Ltd, based in Melbourne.

MRI plans to merge its divisions—Manuli Hydraulics and Fluiconnecto—with Ryco to enhance its product range and market reach. The current Ryco CEO, Leigh Morrison, will continue in his role following the merger.

Continue Reading: https://www.manuli-hydraulics.com/manuli-rubber-industries-and-ryco-combination-to-result-in-a-new-market-leader/