Applied Industrial Technologies to acquire fluid power distributor Hydradyne

Applied Industrial Technologies signed a definitive agreement to acquire Hydradyne, LLC, a Dallas-based fluid power distributor with about 500 staff and 33 locations in the Southeastern U.S. Applied expects roughly $260 million in sales and $30 million in EBITDA from the deal.

“Applied Industrial Technologies (NYSE: AIT) announced today it has signed a definitive agreement to acquire Hydradyne, LLC (Hydradyne), a premier provider of fluid power solutions and value-added services.”ir.applied.com

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• ir.applied.comApplied Industrial Technologies, Inc. - Applied Industrial Technologies to Acquire Hydradyne, LLCNov 22, 2024

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