Bridgestone HosePower Acquires Cline Hose & Hydraulics
December 29, 2023
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.
- Buyers
- Bridgestone HosePower, LLC, Bridgestone Corporation
- Targets
- Cline Hose & Hydraulics, LLC
- Sellers
- Cline family (owners of Cline Hose & Hydraulics)
- Industry
- Industrial Services
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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