Bucher Hydraulics acquires 80% of Wuxi Deli Fluid Technology in China

Bucher Hydraulics acquired an 80% majority stake in Wuxi Deli Fluid Technology, a Chinese maker of hydraulic pumps and compact power units, to form a joint venture in Wuxi, Jiangsu Province, subject to Chinese approval. Wuxi Deli generated about US$40.45 million in revenue in 2017.

“Bucher Hydraulics has acquired majority interest in Wuxi Deli Fluid Technology Co., Ltd., a Chinese manufacturer of hydraulic pumps and compact power units.”powerprogress.com

• 2 sources
• powerprogress.comBucher Hydraulics Steps East - Power ProgressAug 28, 2018
• motion-drives.comBucher Hydraulics Acquires Majority Interest in Wuxi Deli Fluid Technology Co., Ltd in China - Motion+DrivesSep 5, 2018

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