# Dana to sell European hydraulics business to HPI Group

Dana Inc. has entered a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by Apogee Group and EiM Capital; completion is expected later.

- Type: Acquisition
- Announced: 2024-02-21
- Status: announced
- Products: hydraulic components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (partner)
- [EiM Capital](https://endata.com/companies/8794.md) (investor)
- [Apogee](https://endata.com/companies/8795.md) (investor)
- [HPI Group](https://endata.com/companies/11555.md) (acquirer)

## Sources

- [dana.com](https://www.dana.com/newsroom/press-releases/dana-announces-sale-of-european-hydraulics-business/), 2024-02-21: "the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group"
- [fluidpowerworld.com](https://www.fluidpowerworld.com/category/news/page/10/), 2024-02-21: "the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.