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PMC Hydraulics Group has agreed to acquire the majority of shares in Hydroquip Hydraulics in Bangalore, India. Hydroquip will continue as a stand-alone operation within the group.
“We are pleased to get the opportunity to acquire Hydroquip with our objective to continue to strengthen the PMC footprint in India together with the former majority owners.”pmchydraulics.com
Summarized from public sources; check the original articles before acting on it.