Concentric completed the acquisition of Officine Mazzocco Pagnoni.

Concentric, an industrial company specializing in engine and hydraulic products, completed the acquisition of Officine Mazzocco Pagnoni, an Italian manufacturer of oil pumps and fluid management components. 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.