Announced
Completed
Synopsis
Certified Power Solutions, a value-added hydraulics and electronic controls supplier, completed the acquisition of Skarda Equipment Company, a family-owned distributor of fluid power and motion control components. Financial terms were not disclosed. “We’re excited to join the Certified Power family. I’ve been looking for nearly a year for the right fit and we found the ideal partner in Certified Power. Our employees will have access to greater benefits offered by a larger company, and overall, our company will benefit by having a stronger footprint and more resources,” John Skarda, Skarda Equipment Company President.
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