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
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- Is Applied Industrial Technologies (AIT) Outperforming Other Industrial Products Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- 4 Industrial Stocks Poised to Continue Their Winning Streak in 2025 [Yahoo! Finance]Yahoo! Finance
- Maintenance Repair Operations (MRO) For Automation Solutions Market size to increase by USD 53.29 Billion between 2023 to 2028, Market Segmentation by End-user, Type, Geography, Technavio [Yahoo! Finance]Yahoo! Finance
AIT
Earnings
- 10/24/24 - Beat
AIT
Sec Filings
- 12/2/24 - Form 4
- 12/2/24 - Form 4
- 12/2/24 - Form 144
- AIT's page on the SEC website