Montanhydraulik GmbH takes over 100% of the shares in HYCO Canada and HYCO Alabama (“HYCO”) from WEBER-HYDRAULIK GmbH based in Güglingen, Germany.
With approximately 200 employees, HYCO is a leading supplier of customized hydraulic cylinders for a wide range of applications with a geographical focus on North America. The company develops and produces differential, synchronous and telescopic cylinders at production facilities in St. Wenceslas, Canada, and Arab, USA. The tailor-made product solutions are adapted to the needs of customers in various end markets. These include waste and waste disposal, industrial plants, mobile cranes, the oil & gas industry and materials handling technology.