Announced
Completed
Financials
Tags
Majority
Completed
Acquisition
Private
Australia
hydraulic solutions
Machinery: Industrial
Friendly
Single Bidder
Domestic
Synopsis
Fluiconnecto Ryco Australia, a company focused on fluid conveyance systems and solutions, completed the acquisition of Gerrard Hydraulics, a firm specializing in the hydraulic solutions & sales industry. Financial terms were not disclosed. “We would like to thank all of our customers and suppliers for their loyalty and assistance over the last 45 years. Given our strong association with Fluiconnecto Ryco Australia, it was a logical step to integrate the businesses and fully capitalise on the strength of what Fluiconnecto Ryco Australia can bring to the Western Australian market. This acquisition will allow us to go from strength to strength and offer even better service to our customers. We are very excited in becoming a part of the Fluiconnecto Ryco Australia family,” Simon Tarrant, Gerrard Hydraulics Managing Director.
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