Bridgestone HosePower furthered its expansion of hydraulic and industrial hose solutions with the acquisition of Greenville, SC-based distributor Cline Hose & Hydraulics on Dec. 29, 2023. Financial details of the transaction were not disclosed.
Cline Hose & Hydraulics is a family-owned distributor servicing hose, fittings, adapter and coupling OEMs since 1948. The company has two retail locations in Greenville and Augusta, Georgia, along with a fleet of mobile service trucks servicing customer throughout the Southeast U.S.
“Cline Hose & Hydraulics has an exceptional reputation for quality and has a very similar business model as Bridgestone HosePower,” said Tom Henry, President and CEO, Bridgestone HosePower, in a Jan. 11 news release. “This acquisition expands upon our capabilities while increasing our capacity to service a larger customer base with speed and flexibility.”
Bridgestone HosePower — a wholly owned indirect subsidiary of Bridgestone Corporation — has 47 locations across the U.S. including five OEM sales centers. With a 2023 revenue of $268 million, it landed No. 48 on MDM’s 2023 Top Industrial Distributors List, and No. 5 on the Top Hose/Accessories Distributors list.
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