Bucher Hydraulics Steps East

Bucher Hydraulics – a Germany-based hydraulics manufacturer and a division of Bucher Industries – has acquired majority interest in Wuxi Deli Fluid Technology Co., Ltd., a Chinese manufacturer of hydraulic pumps and compact power units.

The 80% stake acquisition will gave birth to a joint venture in China, as soon as the transaction is approved by the Chinese authorities. The joint venture will be integrated into the organizational structure of Bucher Hydraulics and will operate under the name of Bucher Hydraulics (Wuxi) Co., Ltd.

Wuxi Deli is headquartered in Wuxi in the Jiangsu Province of China and was founded in 2004. Wuxi Deli is also comprised of the company Wuxi Deli Hydraulics Co., Ltd., which was founded in 1956 as a state-owned enterprise and transformed into a private limited company in 2000. In 2017, Wuxi Deli generated revenues of roughly US$40.45 million (CHF40 million) in the hydraulics sector with approximately 320 employees.

Related Articles

Management Changes at Dana Off-Highway
Hydrogen Excavator “First” From JCB
Yet Another Acquisition By Power Test
Deutz Opens New Logistics Operation
Ricardo’s New US Team and Partnership
Briggs Moving Some Production To New York
Scania USA, Hamilton Engine Announce New Distributor Partnership
Lisboa To Succeed Clarke As Navistar CEO

Latest News

Trystar Streamlines Manufacturing At New Site
Volvo Penta Supplies Electric Driveline For Fire Truck
First MTU Gas Engines In New Doeksen Ferry
Management Changes at Dana Off-Highway
Isotta Fraschini Motori’s Next 120 Years
Hydrogen Excavator “First” From JCB
Crucial Stage 5 Delay Breakthrough, Says Industry
Cummins Wins Turbocharger Patent Action
New Online Resources For Propane Autogas

Magazine Issue Archive

Diesel Progress – June 2020
Diesel Progress International May-June 2020
Diesel Progress – May 2020
Diesel Progress – April 2020
Diesel Progress International March-April 2020
Diesel Progress – March 2020
Diesel Progress – February 2020
Diesel Progress International January – February 2020
Diesel Progress – January 2020
Diesel Progress – December 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.