Houston, TX – Hydraquip, Inc., a leading provider of innovative power solutions across multiple markets, officially acquired substantially all assets of Flint Hydraulics, Inc. on October 1, 2021. Flint Hydraulics, Inc. carries an excellent brand recognition and outstanding reputation with its customers. These clients will continue being served by the business under the name of Flint Hydraulics.
Flint Hydraulics is a global distributor of original and replacement hydraulic pumps, motors, and hydraulic pump replacement parts for heavy mobile and industrial equipment based in Memphis, TN. In addition to their hydraulic distribution capabilities, Flint Hydraulics provides complete hydraulic circuit design for a variety of mobile and industrial equipment. With over 40 years in business as a company, Flint Hydraulics has earned the respect of many large clients in the industry. With similar capabilities, Hydraquip is expected to utilize the synergies between the two companies to exponentially grow its business.
“We are excited to welcome Flint Hydraulics to the EOH (Employee Owned Holdings, Inc.) family,” stated Scott Nelson, President of Hydraquip. “The synergies of vendor-partners, including the Danfoss partnership shared by both companies, will allow us to diversify into new geographical territory and markets.”
“We are thrilled to partner with Hydraquip,” stated Andy Malmo, President and CEO of Flint Hydraulics. “Over the years, we have built our reputation as a company focused on providing high-quality hydraulic components with outstanding customer service. I can’t think of a better partner to grow our business.”
“This acquisition marks the latest step in our ongoing effort to grow our business and provide innovative power solutions to new territories,” commented Richard Neels, President and CEO of Employee Owned Holdings, Inc. “We are thrilled to be entrusted with their dedication and talented employees.”
Flint Hydraulics joins the family of 100% employee-owned companies operating under Employee Owned Holdings, Inc. (EOH). EOH is the parent company for Hydraquip and other U.S. fluid power and automation companies: GCC, Supreme Integrated Technology, Inc. and Elite Controls, Inc.