”A strong addition to our investment in MRO”
Volito Automation has acquired 100% of HINDAB, Hydraulics & Industrial service AB. The acquisition is a strategic part of the group’s efforts in a nationwide MRO organization. With the acquisition, Volito Automation strengthens its presence and offer in Sweden’s industrial-oriented areas.
Volito Automation starts, acquires and develops companies in industrial automation. The group is organized into two business segments: HydX and HydSupply. HydX focuses on OEM and offers new sales, product and technology development as well as design and manufacturing of hydraulic solutions. HydSupply focuses on MRO with focus on continuous service, ongoing maintenance, repairs and optimization.
– Volito Automation is in a strong growth phase, says Thomas Larsson, CEO of Volito Automation. The acquisition of HINDAB is a significant addition to the development of our MRO segment. HINDAB’s operations are of very high quality and the company has both long and good relationships with industrial customers in the Småland highlands.
HINDAB was founded in 1986 and today has operations in Nässjö, Tranås and Vetlanda. The company supplies industry, agriculture and forestry with service and components in hydraulics, pneumatics, transmission and ball bearings.
– We see great and mutual opportunities when joining forces within HydSupply and HINDAB. HINDAB strengthens HydSupply’s presence in Sweden’s industrialized areas, and broadens our offer, not least in automation areas besides hydraulics. Our customers can expect an inspiring development of our products and services, says Thomas Larsson.
– It is with great pride that we step into the group, says Tomas Fyhr, CEO of HINDAB. As part of Volito Automation, we can jointly continue the process of our operations – especially in hydraulics where we now strengthen both the supply of components and our cutting edge expertise in service and maintenance.
Volito Automation is a fast growing organization focused on knowledge-intensive companies in industrial automation. Volito Automation has recently established a reputable business in Sweden, Finland and Norway, consisting of a number of subsidiaries in hydraulic solutions. Volito Automation is prepared to launch further automation-oriented businesses, in areas such as pneumatics, electronics, control and regulation technology and robotics. Behind the investments is Volito AB.
For more information:
Thomas Larsson, CEO Volito Automation
+46 8 531 99 901 (direkt) +46 70 329 26 01 (mobile)