# Lifco acquires majority stake in Next Hydraulics Srl

Lifco has signed an agreement to acquire a majority of the shares in Next Hydraulics Srl, a manufacturer of telescopic cranes and stabilizers based in Boretto, Italy. The company had net sales of approximately EUR 21 million in 2020 and 43 employees.

- Type: Acquisition
- Announced: 2021-06-24
- Where: Boretto, Italy, Italy
- Status: announced
- Products: telescopic cranes, stabilizers for vehicles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Lifco](https://endata.com/companies/52331.md) (acquirer)
- [Next Hydraulics Srl](https://endata.com/companies/56028.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/lifco-ab/r/lifco-acquires-next-hydraulics-srl-in-italy,c3372259), 2021-06-24: "Lifco has signed an agreement to acquire a majority of the shares in Next Hydraulics Srl."

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