Finning Acquires Hydraquip Hose & Hydraulics (UK) for ~£65M

Wastequip Acquires Foster Hydraulics

June 11, 2025

Manufacturing

Charlotte-based Wastequip has acquired Foster Hydraulics, a family-owned hydraulic cylinder manufacturer in Louisville, Kentucky. The deal brings cylinder production in-house for Wastequip’s truck and aftermarket brands (including Galbreath and Amrep), increasing eastern U.S. production capacity, reducing lead times and strengthening OEM and aftermarket offerings.

Bridgestone HosePower Acquires Cline Hose & Hydraulics

December 29, 2023

Industrial Services

Bridgestone HosePower, a subsidiary of Bridgestone Corporation, has acquired Greenville, South Carolina-based Cline Hose & Hydraulics, a family-owned hydraulic and industrial hose service business founded in 1948. The acquisition expands HosePower's mobile service and retail footprint in the Southeast U.S., increasing capacity to serve more customers and enhancing its hydraulic and industrial hose capabilities.

JGB Enterprises Acquires HosePower Canada (Industrial, Petroleum and Mining Supplies Ltd.)

June 10, 2021

Industrial Services

JGB Enterprises, backed by HCI Equity Partners, has acquired Industrial, Petroleum and Mining Supplies Limited d/b/a HosePower Canada (IPM). The add-on acquisition (closed June 10, 2021) gives JGB entry into the Canadian market, adding six locations, a complementary hose and fittings product portfolio and service capabilities to serve roughly 3,000 customers across forestry, mining, construction, agriculture and other industrial end markets.

Applied Industrial Technologies Acquires Hydradyne, LLC

November 22, 2024

Industrial Services

Applied Industrial Technologies has signed a definitive agreement to acquire Hydradyne, a leading U.S. fluid power and motion control distributor. The acquisition expands Applied’s Engineered Solutions capabilities and Southeastern U.S. footprint; Hydradyne’s ~500 associates across 33 locations are expected to contribute about $260 million in sales and $30 million in EBITDA before synergies.

Summit Hydraulics (North Branch Capital) Acquires Tubing & Metric Hydraulics

January 25, 2024

Industrial Services

North Branch Capital’s portfolio company Summit Hydraulics has acquired Tubing & Metric Hydraulics (T&M), a supplier of hydraulic and industrial hoses and fittings based in Alvin, Texas. The add-on transaction closed January 2, 2024 and expands Summit’s mobile equipment aftermarket parts platform into new end markets including heavy haul, construction and energy.

H.I.G. Europe Acquires Standard Hidraulica from Aalberts

December 14, 2022

Building Products

H.I.G. Europe, an affiliate of H.I.G. Capital, has completed the acquisition of Standard Hidraulica (STH), an international plumbing supplies and sanitary fittings group headquartered in Montcada i Reixac (Barcelona), from Aalberts N.V. H.I.G. said it will support STH’s transition to an independent company and accelerate organic and inorganic growth while leading consolidation in its core markets across Spain, the UK, South Africa and Greece.