6 June – HYDAC B.V., market leader in hydraulic components and systems, acquires all shares in Elma B.V. and Elro Srl. By incorporating Elma’s skills and expertise in electric drive & control technology HYDAC strenghthens its position as total supplier in drive technology. From engineering, simulation and production to commissioning and worldwide service.
When determining the long-term vision for Elma, the most important consideration was the guarantee of continuity and opportunities to grow as the company has done in recent years. Finding a strategic partner that matches the existing vision was a requirement for the intended growth. Elma found a fitting and valuable partner in HYDAC.
Elma and HYDAC serve to a large extent the same customers. Where HYDAC had to outsource electrical engineering, the company can now implement and offer this under their own management. The workforce for HYDAC will be expanded to around 300 people. Former Elma owners Van Vulpen and Varel remain as directors of the new HYDAC location. The business will continue to be conducted under the current names of Elma and Elro, but are now enriched with the HYDAC image, vision and unique customer focus.
HYDAC, with more than 200 employees and subsidiary of the German family-owned company HYDAC GmbH, has been a leading specialist in complete hydraulic systems and components for the offshore, dredging, aviation, mobile, civil, oil & gas and industry market in the Netherlands for over 25 years. The expansion with electric drives and controls makes HYDAC even stronger as a total supplier in drive technology. From engineering, simulation and production to commissioning and worldwide service. The acquisition of ELMA/ELRO is an obvious choice for HYDAC that enables the company to take major steps into the future.
Elma B.V. has been a specialist in the field of electrical drive & control technology since the 1930’s. The company offers a wide range of technical products and services, customized solutions in the field of industrial automation, inspection and maintenance of rotating machines, advice and delivery of specialist motion control components. The acquisition also includes the purchase of Elro Srl. Elma founded sister company Elro in 2000. The company is located on the Black Sea in the Romanian town of Constanta, the sister city of Rotterdam and the gateway to Eastern Europe. Elro specializes in the serial assembly of control panels.