# Manuli Rubber Industries completes majority acquisition of RYCO Hydraulics

Manuli Rubber Industries completed the acquisition of a majority shareholding in RYCO Hydraulics, merging its Manuli Hydraulics and Fluiconnecto divisions into RYCO. The combined business has sales approaching €500 million.

- Type: Acquisition
- Announced: 2020-02-03
- Status: completed
- Products: hydraulic hoses, hydraulic fittings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Manuli Rubber Industries](https://endata.com/companies/6066.md) (acquirer)
- [RYCO Hydraulics](https://endata.com/companies/6067.md) (target)

## Sources

- [manuli-hydraulics.com](https://www.manuli-hydraulics.com/manuli-rubber-industries-and-ryco-combination-to-result-in-a-new-market-leader/), 2020-02-03: "MRI has completed the acquisition of a majority shareholding in RYCO."

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