Applied Industrial Technologies Acquires Hydradyne, LLC
November 22, 2024
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.
- Targets
- Hydradyne, LLC
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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