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Bosch Rexroth announced today that its acquisition of HydraForce has been finalized.
According to a press release, after receiving approval from the antitrust authorities, Bosch Rexroth completed the acquisition of hydraulic specialist HydraForce on Feb. 3. Bosch Rexroth announced the acquisition of HydraForce, based in Lincolnshire, Illinois, in July 2022.
The press release said the deal: “strengthens Bosch Rexroth’s footprint in North America and expands its distribution network to provide customers with a wide range of compact hydraulics solutions on a global scale.
“To expand the global hydraulics business, Bosch Rexroth and HydraForce combine their presence in complementary regions and provide a more balanced coverage in Europe and North America, while enabling growth in Asia. Merging activities maintain regional supply chains for fast product availability and an even stronger customer support.
“While Bosch Rexroth offers a wider range of compact hydraulic components and systems, HydraForce focuses on mechanical and electrical cartridge valves and hydraulic integrated circuits. Compact hydraulics is particularly valuable due to its high-power density and capabilities regarding essential functions in hydraulic systems. The world market for these systems has been growing continuously, and Bosch Rexroth expects its newly shaped Compact Hydraulics Business Unit to meet or exceed market growth.”
For more information, visit www.boschrexroth.com/en/us/ and www.hydraforce.com/.