Hydraquip Announces Acquisition of Poweram Hydraulics in the UK, Expanding Its Market Leadership Leave a comment

Hydraquip Hose & Hydraulics are proud to announce their first acquisition of 2024, Poweram Hydraulics in Ellington, Cambridgeshire. This milestone signifies a major leap in broadening our expertise and services strategically across the UK. Established in 1985, Poweram Hydraulics brings a wealth of industry knowledge, specialising in repairs, refurbishments, and the manufacture of hydraulic rams and cylinders.

Strategic Expansion Through Acquisition

The acquisition of Poweram Hydraulics not only extends Hydraquip’s geographical footprint in the UK but also widens our engineering department by increasing our capabilities in Cylinder Overhaul & Remanufacture. Poweram Hydraulics brings a wealth of expertise and a strong market presence in this specialised area, complementing our existing strengths in hydraulic repair and the distribution of a comprehensive range of hydraulic hoses and fittings.

Details of the New Acquisition

This acquisition will see the seamless integration of Poweram Hydraulics into Hydraquip’s operations, ensuring continuity of service and preservation of all employee positions. We are dedicated to enhancing our combined offerings to provide our customers with an unparalleled level of service and technical support.

 Tim Fulton, Head of Engineering at Hydraquip Says:

“We are delighted to welcome the team from Poweram into Hydraquip. Poweram is an exceptional hydraulic cylinder repair centre which has grown through their reliable service and customer focus. We look forward to continuing this service and growing new relationships in the future. Poweram will form part of our engineering expansion into new spaces and further our current coverage through organic and acquired growth.” 

Dave Bird, Poweram Says:

“Poweram Hydraulics was started on January 1st 1985 and the company is now 40 years established. I am excited about the future of the business following the acquisition and it is a great pleasure to hand over the reins to Hydraquip to take the business forward. It has been a pleasure negotiating the business acquisition with Jay MacBain and his team who have been very helpful and professional throughout the process – we wish you all the best in your future success.”

About Hydraquip

Established in 1989, Hydraquip has grown to become a premier provider of mobile hose repair services and hydraulic solutions in the UK. Hydraquip services also include hydraulic engineering which include power unit manufacture, site services and installations and component supply. 

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For press inquries please contact:

Lauren Crowther

PR & Comms Lead

Lauren.Crowther@hydraquip.co.uk

Visit Our Website: [Hydraquip] (https://hydraquip.co.uk/)