# EiM Capital and Apogee Global acquire Dana's European hydraulics business and combine with HPI

EiM Capital and Apogee Global signed a definitive agreement to acquire Dana's European hydraulics business (formerly Brevini Fluid Power) in Reggio Emilia, Italy, and combine it with HPI, creating a hydraulics engineering group with about 700 employees.

- Type: Acquisition
- Announced: 2024-02-22
- Where: Reggio Emilia, Italy
- Status: announced
- Products: hydraulic components, hydraulic systems, oleo-dynamic engineering solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (target)
- [EiM Capital](https://endata.com/companies/8794.md) (acquirer)
- [HPI Group](https://endata.com/companies/11555.md) (target)
- [Apogee Global](https://endata.com/companies/11566.md) (acquirer)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/690514826/eim-capital-and-apogee-global-announce-joint-acquisition), 2024-02-22: "EiM Capital and Apogee Global are proud to announce entering into a definitive agreement for the acquisition of the European hydraulics business of Dana Incorporated (formerly Brevini Fluid Power)."

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