# HAWE Hydraulik acquires HOERBIGER's automation technology division

HAWE Hydraulik SE signed a contract on March 26, 2019 to acquire HOERBIGER Automatisierungstechnik Holding GmbH, effective May 1, 2019. The division generated €64 million in sales in 2018 with about 320 employees.

- Type: Acquisition
- Announced: 2019-03-26
- Where: Altenstadt, Germany
- Jobs: 320
- Status: completed
- Products: hydraulic components and systems, automation technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [HAWE Hydraulik](https://endata.com/companies/12772.md) (acquirer)
- [HOERBIGER Automatisierungstechnik Holding](https://endata.com/companies/38939.md) (target)

## Sources

- [fluidpowerjournal.com](https://fluidpowerjournal.com/hawe-hydraulik-acquires-hoerbigers-automation-technology-division/), 2019-05-10: "On March 26, 2019, HAWE Hydraulik SE, Aschheim / Munich, signed the contract for the purchase of HOERBIGER Automatisierungstechnik Holding GmbH."

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