SBP Holdings / Dakota Fluid Power Acquires Kenco Hydraulics
June 2, 2021
SBP Holdings, via its fluid power platform Dakota Fluid Power, acquired Kenco Hydraulics on June 1, 2021. The Hatfield, Pennsylvania-based hydraulic sales and repair business (about 19 employees) will operate within Dakota Fluid Power to expand SBP's fluid power capabilities and North American footprint.
- Buyers
- SBP Holdings, Dakota Fluid Power
- Targets
- Kenco Hydraulics
- Sellers
- Ken Veit (Founder / President)
- Platforms
- Dakota Fluid Power
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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