Continental Hydraulics Inc. & Hydreco Hydraulics Ltd. have announced the merger of their North American operations and legal entities.
At the end of 2020, Hydreco Inc. was acquired by Continental Hydraulics Inc. through a stock purchase agreement. Continental Hydraulics Inc. will remain as the only active Corporation for the Group in North America, while Hydreco Inc, will become a division of the same.
Both Continental Hydraulics and Hydreco brands and product lines will be fully maintained with their strong history and equity, respectively for the Industrial and the Mobile market, while the companies jointly grow their U.S. footprint, leveraging the common engineering excellence, application know-how and ease to do business with.
Image credit: Continental Hydraulics & Hydreco Inc.
