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Press release: Watz Hydraulik acquires Hydro-Service

Watz Hydraulik acquires Hydro-Service

The acquisition of Hydro-Service GmbH with headquarters in Kamen (NRW) by Watz Hydraulik GmbH was completed on 28 May 2014. Both companies specialize in hydraulic drive technology and aim to complement their product ranges through the acquisition. Together, they plan to significantly expand their market shares.

The Hydro-Service company employs about 70 staff with a primary focus on the project planning and manufacture of project and speciality cylinders of up to 1,200 mm in diameter and 10 m in length. The cylinders are employed in presses and mining, in steel and aluminium mills and in plant and machinery construction. The applications are diverse.

WATZ Hydraulik has  manufactured hydraulic drive systems for over 40 years. Individual solutions and series products for all areas of the drive and control system technology sector are project planning and produced at the central Hessian location of Lollar. The products find use the world over and are installed and put into operation on site as needed.

The companies Watz Hydraulik GmbH, Faudi GmbH in Stadtallendorf and Hydro-Service Zylinderbau GmbH, which belong to the Watz Group, employee a total of about 250 people. Together, they benefit from the multifaceted know-how of their employees as well as the shared options for fabrication. The companies invest in their respective regions and assume responsibility for the economic development of their business locations.

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