Applied Industrial Technologies to Acquire Hydradyne, LLC
Applied Industrial Technologies, Inc. (AIT)
Last applied industrial technologies, inc. earnings: 4/30 06:30 am
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Source: Business Wire
Strategic Fluid Power Acquisition Within Applied’s Engineered Solutions Segment CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) announced today it has signed a definitive agreement to acquire Hydradyne, LLC (Hydradyne), a premier provider of fluid power solutions and value-added services.Based in Dallas, Texas, Hydradyne is one of the largest U.S. distributors focused on fluid power and motion control systems with advanced service capabilities and product offerings in hydraulics, pneumatics, electromechanical, instrumentation, filtration, and fluid conveyance. The company’s team of nearly 500 associates operate out of 33 locations across the Southeastern U.S. with specialization in fluid power system design, fabrication, assembly, installation, repair and component support. Hydradyne’s products and solutions are integral to powering and controlling critical stationary and mobile equipment across a balanced mix of MRO and OEM applications in key industrial, c
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News
- Applied Industrial Technologies to Acquire Hydradyne, LLC [Yahoo! Finance]Yahoo! Finance
- Applied Industrial Technologies, Inc. (NYSE: AIT) had its price target raised by analysts at Oppenheimer Holdings Inc. from $260.00 to $305.00. They now have an "outperform" rating on the stock.MarketBeat
- Here's Why You Should Retain Applied Industrial in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Applied Industrial Technologies (NYSE:AIT) jumps 14% this week, though earnings growth is still tracking behind five-year shareholder returns [Yahoo! Finance]Yahoo! Finance
- Applied Industrial Technologies Can Continue To Outperform [Seeking Alpha]Seeking Alpha
AIT
Earnings
- 10/24/24 - Beat
AIT
Sec Filings
- 11/22/24 - Form 8-K
- 11/12/24 - Form 8-K
- 11/12/24 - Form SC
- AIT's page on the SEC website