SBP Holdings Acquires Hydrafab - Modern Distribution Management

SBP Holdings Acquires Hydrafab

The Wyoming-based company is expected to operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.
On June 21, Amherst, New York-based Allied Motion Technologies, Inc., a manufacturer of precision and specialty controlled motion products, announced its acquisition of Airex, LLC. Airex is an electromagnetic components manufacturer based in Somersworth, New Hampshire. 

SBP Holdings, a provider of inspection and testing services, repairs and specialized rental activities, has acquired Hydrafab LLC, a Wyoming-based company that provides repair services, fabrication and sales for hydraulic products.

Hydrafab will operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.

Financial details were not announced.

With the deal, SBP Holdings will increase its North American footprint to approximately 70 locations with over 1,000 employees.

Hydrafab was founded in 2007 by Mark and Amy Hlad, who have operated from one location in Green River, Wyoming, with approximately 14 team members. They will continue to manage the Hydrafab operation and “expand the enterprise through organic growth and cooperation with other SBP Holdings companies,” according to an announcement.

“We are truly excited about teaming up with Mark and Amy and the Team at Hydrafab to continue to expand our fluid power offering and geographic footprint,” SBP CEO Craig Osborne said. “Fluid Power continues to be a large addressable market with tremendous opportunity for growth and there is no question we have a solid base and the ability to expand.”

Dakota Fluid Power President Rick Lindemann added, “We are looking forward to having the Hydrafab Team join our Fluid Power group! Their reputation and business model of providing fast turnaround and quality service to their customers, aligns very well with the other companies in our platform.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!