Announced
Completed
Synopsis
HAWE Hydraulik, a manufacturer of hydraulic components and systems, completed the acquisition of the automation technology division of HOERBIGER, a manufacturer of explosion relief valves. Financial terms were not disclosed. This step offers HAWE an ideal addition to its existing product portfolio and thus an expansion of its position as a solution provider. A comprehensive analysis of the market positioning, target markets and potential of the acquired divisions preceded this step.
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