Bucher Hydraulics strengthens its position in the USA
Bucher Hydraulics is acquiring Command Controls Corp., a US company based in Elgin, Illinois. Command Controls is specialised in manufacturing cartridge valves for hydraulic system solutions. In 2007, the company generated approximately CHF 13 million in sales with 91 employees. The parties have agreed not to disclose the purchase price.
Bucher Hydraulics holds a very strong market position in Europe and significantly expanded its presence in North America by purchasing Monarch Hydraulics in January 2008. From the beginning, Command Controls was part of the strategy pursued by Bucher Hydraulics in the USA, which has now been brought to a successful conclusion. The Command Controls cartridge valve technology for hydraulic system solutions ideally complements Bucher Hydraulics' product offering in the USA. Together with the existing product portfolio, the acquisition provides the opportunity to offer a wider range of hydraulic system solutions to the division's local and global customers. Combined with Monarch Hydraulics, it will allow efficiency improvements in manufacturing, purchasing and distribution.
After the acquisition is completed, Command Controls will be led by Dan Vaughan, CEO of Bucher Hydraulics North America. All employees are expected to remain, and the Elgin location will be retained