Cardiff Hydraulics acquired by international group Fluiconnecto
posted 7th November 2024
Hydraulic and Pneumatic Specialists, Cardiff Hydraulics Ltd, has successfully been acquired by leading International service organisation company Fluiconnecto UK Ltd, in a deal advised on by GS Verde Group.
Founded in 2011, Cardiff Hydraulics Ltd has cemented its strong reputation across Wales and West England by becoming a leading provider of a 24/7 mobile emergency hose replacement service. Known for delivering excellent customer service to MRO and OEM clients, Cardiff Hydraulics Ltd provide a variety of services including full hydraulic maintenance plans, cylinder and hydraulic repairs, installations and parts supply.
With Fluiconnecto UK Ltd - of Manuli Ryco group's Service Division and supplier of hydraulic and industrial products - providing product knowledge and maintenance services to global and local markets, the acquisition will allow Cardiff Hydraulics Ltd to expand their geographical footprint on an international scale and boost its market position as a result.
Acquisitions involve a buyer gaining ownership of a seller's assets, shares or operations by amalgamating all resources together under one business. It encourages companies looking to expand to integrate with already established businesses that have strong customer bases and reputation.
Often considered as a faster approach to expanding a business, rather than building a business from scratch, acquisitions allow both seller and buyer to achieve long-term goals and a competitive edge. Benefits for buyers include an opportunity to expand their customer base and gain access to new markets and technologies. For sellers, acquisitions are a valuable opportunity to exit from their business - while knowing their legacy is left in the capable hands of the buyer - along with the opportunity to be exposed to new resources brought in by the buyer.
GS Verde Group were pleased to support Cardiff Hydraulics throughout the transaction.
The GS Verde Group are business-focused experts in getting deals done. Combining all the services needed to complete a corporate transaction, including legal, corporate finance, tax, accountancy and communications, GS Verde Group acts as a complete advisory team and provides a truly end-to-end service.