Applied Industrial Technologies announced the completion of its acquisition of Hydradyne, LLC on December 31, 2024. Hydradyne is a Dallas, Texas-based provider of fluid power solutions with advanced service capabilities across the Southeastern U.S. This acquisition strengthens AIT's position in fluid power distribution.
The company affirmed its expectation that Hydradyne will contribute approximately $260 million in annual sales and $30 million in EBITDA within the first 12 months of ownership. The acquisition is also expected to be accretive to EPS, prior to transaction-related expenses and purchase accounting adjustments. This financial outlook underscores the strategic value of the acquisition.
AIT expects to provide additional financial and operational details, including specific EPS accretion guidance, when it reports its fiscal 2025 second quarter results later in January. The completion of this transaction marks a significant step in enhancing AIT's leading fluid power distribution position in the U.S. This move leverages complementary technical capabilities across legacy and emerging end markets.
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