# 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.

- Type: Acquisition
- Announced: 2018-08-28
- Where: Wuxi, Jiangsu Province, China
- Jobs: 320
- Status: announced
- Products: hydraulic pumps, compact power units
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Bucher Hydraulics](https://endata.com/companies/3387.md) (acquirer)
- [Wuxi Deli Fluid Technology](https://endata.com/companies/3388.md) (target)

## Sources

- [powerprogress.com](https://www.powerprogress.com/news/bucher-hydraulics-steps-east/5023796.article), 2018-08-28: "Bucher Hydraulics has acquired majority interest in Wuxi Deli Fluid Technology Co., Ltd., a Chinese manufacturer of hydraulic pumps and compact power units."
- [motion-drives.com](https://motion-drives.com/blog/2018/09/05/bucher-hydraulics-acquires-majority-interest-wuxi-deli-fluid-technology-co-ltd-china/), 2018-09-05: "Bucher Hydraulics, a division of Bucher Industries, has agreed to form a joint venture in China by acquiring an 80% stake in Wuxi Deli Fluid Technology Co., Ltd"

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