Rhinestahl to acquire Hydro Systems.

Rhinestahl, a provider of OEM-licensed turbine engine tooling, agreed to acquire Hydro Systems, a company supporting the aviation industry with innovative solutions for the maintenance, repair, and assembly of civil and military aircraft. Financial terms were not disclosed. “The synergies between these two industry leaders will fundamentally shift what the market can expect from a one-stop-shop solution provider. Previously, when you assessed the tooling and GSE market, there were a handful of significant players. But now, in combining Rhinestahl and HYDRO, the two largest and most comprehensive industry leaders, along with the synergies that will be available to all our customers by leveraging the two business’s complimentary expertise, competencies, and resources, game changing value will be created for our customers. These synergies are holistic, providing new and upgraded support and services where the sum is so much greater than the simple sum of the two parts,” Dieter Moeller, Rhinestahl CEO.