Applied Industrial Technologies acquired Fluid Power Sales.

Applied Industrial Technologies, a leading distributor of industrial supplies, acquired Fluid Power Sales, a manufacturer and distributor of fluid power components, specializing in the engineering and fabrication of manifolds and power units. Terms of the purchase were not disclosed. “The addition of FPS provides a strong strategic fit that further enhances our Fluid Power market leadership,” said Neil A. Schrimsher, President & Chief Executive Officer for Applied. “Their innovative products, custom solutions and deep hydraulic knowledge strengthen our technical and differentiated product portfolio for continued growth.”