Concentric AB completed the acquisition of Officine Mazzocco Pagnoni (OMP).

Concentric AB, manufactures hydraulic products and diesel engine pumps, completed the acquisition of Officine Mazzocco Pagnoni (OMP), a producer of high-quality pumps, catering to major engine and vehicle manufacturers worldwide. Financial terms are not disclosed. "O.M.P holds a strong position in the European market, distinguished by its exceptional product quality and outstanding customer service standards. This has fostered long-term partnerships with global heavy commercial vehicle OEMs. With a primary focus on the truck market, O.M.P.’s expertise aligns seamlessly with our current capabilities, making this acquisition a strategic opportunity to expand our operations," Martin Kunz, Concentric President & CEO.