# HANSA-FLEX takes strategic stake in hydraulic specialist Knapheide

HANSA-FLEX AG has acquired Knapheide, a hydraulic systems supplier to German machinery makers with about 400 employees and revenue in the high double-digit millions of euros, as a strategic investment in mid-April 2023. Knapheide keeps its name and sites.

- Type: Acquisition
- Announced: 2023-04-18
- Where: Germany
- Jobs: 400
- Status: completed
- Products: hydraulic systems, precision valve fittings, hose technology
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [HANSA-FLEX](https://endata.com/companies/10480.md) (acquirer)
- [Knapheide](https://endata.com/companies/10481.md) (target)

## Sources

- [knapheide.de](https://knapheide.de/en/knapheide-praesentiert-sich-auf-der-hannover-messe/), 2023-04-18: "Die HANSA-FLEX AG, global agierender Hydraulik-Spezialist, freut sich bekanntzugeben, dass sie Mitte April die Firma Knapheide in Form eines strategischen Investments übernimmt."

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