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Hydac International GmbH

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Hydac International GmbH - Energy & Power showcase

Year Founded & Workforce

1963

10,000 Employees

Industry

Energy & Power

Services

Power UnitsBypass filter
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Hydac International GmbH Overview

Company Headquarters: Sulzbach, Germany

Founded: 1963

Workforce: ~10,000

Company Working: Hydac International GmbH HYDAC is a German firm group that specialises in the manufacturing and distribution of hydraulic and fluidic components and systems, as well as hydraulic and fluidic services. HYDAC presently has 50 national subsidiaries, around 500 sales, and service partners, 14 product lines, and over 9,500 workers globally. HYDAC's competence in hydraulics, systems, and fluid engineering can be relied on. In Germany alone, over 900 professionals in the Fluid and Engineering fields collaborate with users to develop energy-efficient, dependable, and low-waste solutions. HYDAC offers a network of worldwide and local experts. The firm prioritizes regionality; with 50 HYDAC subsidiaries and over 500 sales and service partners globally, the company maintains close touch with clients and keeps delivery routes short. In accordance with national and international environmental standards, they minimize the environmental effect, adhere to raw material origin criteria, and use resources ethically and efficiently to contribute to sustainable development.

Strategy

Hydac International GmbH aspires to accelerate digitalization, increase sales of electric vehicles hydraulics, and achieve carbon neutrality by 2035 for a healthy, energy-efficient society. The company aims to minimise the downtime of hydraulic plants and lubrication systems and increase the service life of the electrohydraulic open-loop and closed-loop control systems.

Company Snapshot

10,000

Employees

1963

Founded

Sulzbach, Germany

Headquarters

SWOT Analysis

Strengths

  • HYDAC is investing huge resources in R&D
  • Good Returns on Capital Expenditure
  • Automation of activities brought consistency of quality to HYDAC INTERNATIONAL GMBH products and has enabled the company to scale up and scale down based on the demand conditions in the market.

Weaknesses

  • Not very good at product demand forecasting.
  • Terrible marketing of the products.
  • High attrition rate in work force – compared to other organizations in the industry HYDAC INTERNATIONAL GMBH has a higher attrition rate and must spend a lot more compared to its competitors on training and development of its employees

Opportunities

  • Adoption of new technology provides an opportunity to enter new emerging markets
  • More focus on regional expansion in the Middle East and African region as company has presence in only 2-3 African countries.

Threats

  • Shortage of skilled workforce
  • As the company is operating in numerous countries it is exposed to currency fluctuations especially given the volatile political climate in number of markets across the world.

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Key Developments

DateApproachDevelopment
June 2022AcquisitionHYDAC 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
June 2019AcquisitionHYDAC INTERNATIONAL GMBH acquired all shares in Elma B.V. and Elro Srl. This acquisition simulated the supply network, and production of the sales and services of the company.

Product Offering

  • Hydac International GmbH
    • Power Units
    • Bypass filter

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