Linde Hydraulics and PMP Industries form global strategic alliance
Diversified Italian producer of power transmissions and fluid power, PMP Industries S.p.A., and German manufacturer of comprehensive heavy duty hydraulics, Linde Hydraulics, have entered into a global strategic alliance. The agreement broadens each company’s product portfolio, sales channels and regional coverage. Customers in construction, agriculture, forestry, mining and other mobile machinery segments will benefit globally from complete drive system solutions for self-propelled machines in both – open and closed circuit applications. Linde will offer PMP’s wide range of swing, track and wheel drives, along with hydraulic plug-in motors while PMP will add Linde’s sophisticated range of heavy duty hydraulic pumps, motors and main control valves to its portfolio. The alliance particularly leverages Linde’s technological advantage of its industry leading load sensing valve technology LSC for superior efficiency and productivity. The alliance enables both partners to offer system solutions by synchronising individual components while optimising their performance. Both companies will offer the other party’s products through their own extensive sales and service networks to utilise individual regional strengths. Linde Hydraulics is well-positioned in established in Western markets while PMP is particularly strong in growth regions. Through the alliance, both companies intend to significantly expand their market shares in the respective hydraulic and power transmission segments by 2018. “This important strategic alliance will not only support our ambitious growth targets, it will also help us exceed them,” said Luigino Pozzo, CEO and founder of PMP Industries. “Linde’s open loop hydraulic portfolio is superior in efficiency and productivity. Their products will complete our portfolio and give us additional competitive edge. Our joint technological package will be unique in the entire industry and increase our customers’ market success.” Thorsten van der Tuuk, executive vice president sales, marketing, research & development at Linde Hydraulics, remarked: “The partnership with PMP is a perfect strategic fit. It enables us to offer complete system solutions to our customers – out of a single hand. They will benefit from superior quality and commercially highly competitive technology and therefore add increasing value to their products. PMP brings a wealth of experience and industry knowledge into this partnership, opening doors for additional growth opportunities.”Related stories
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