Hydraulic Nord Fluidtechnik and M+S Hydraulic signed a contract for cooperation for the next 5 years.
Two industry leaders in the hydraulic sector announced partnership to create opportunities for the future. Hydraulik Nord Fluidtechnik and M+S Hydraulic are well positioned companies in the field of mobile hydraulic applications around the world Hydraulik Nord Fluidtechnik is one of the technology leader in the field of hydrostatic steering units. M+S Hydraulics name is getting famous for the production of orbital motors, brakes and accessories. They are also producing steering units on a smaller scale. The relationship will offer customers the best of both companies. The cooperation will be either in preliminary technological development, production and joint approach to OEM markets.
Today 1.200 employees are producing more than 700 000 pcs of hydraulic products in the factories of Hydraulik Nord Fluidtechnik and M+S Hydraulic combined. The products of both companies are sold in more than 100 countries around the world.
The strategic partnership will be a key driver for growth and value for the next five years. New and greater opportunities are expected, as the partnership enables both companies to offer more value to their customers on a competitive level worldwide.