M+S Hydraulic PLC acquires its biggest distributor - the Italian company Oleotecno Hydraulic Components Srl.
M+S Hydraulic PLC, Bulgaria is pleased to officially announce that on 13.03.2023 the company finalized the acquisition of 90% of the capital shares of the Italian company Oleotecno Hydraulic Components Srl. – a long term partner and the biggest distributor of M+S Hydraulic PLC.
This acquisition is a results of the aligned strategic goals of both parties to strengthen M+S Hydraulic PLC leadership position in the global hydraulic market as a manufacturer of hydraulic motors, hydrostatic steering units, brakes, valves and accessories for them as well as to expand the company strategic presence and boost M+S brand worldwide.
Company Oleotecno Hydraulic Components Srl. has proven sustainability of its development and quality of work, providing excellent customers service and support. Thanks to the joint efforts of our companies, M+S Hydraulic has now the majority of hydraulic motors market share in Italy.
With the fulfillment of this investment today, M+S Hydraulic PLC Management is making this union even more focused on its strategic goals, even stronger, even more devoted to its mission to continue our growth and leave a remarkable global footprint.