GESCO SE has acquired Eckart Group as part of its succession plan, aiming to enhance its capabilities in hydraulic technology and support Eckart's growth in the German market.
Target Company Overview
The Eckart Group, based in Schlüchtern, Hesse, specializes in the development, production, and distribution of hydraulic rotary actuators and valve actuators, along with rotary-linear actuators. These products find application across various mobile machinery sectors, including mining, intralogistics, construction machinery, and stationary mechanical engineering.
Eckart currently employs approximately 150 individuals, primarily focused on production, assembly, and quality assurance, highlighting the company's high level of vertical integration. Markus Eckart, the previous Managing Partner, will continue his leadership role in guiding the company’s future endeavors.
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Industry Overview in Germany
The market for hydraulic actuators and related technologies in Germany has witnessed steady growth due to the country's robust industrial base and increasing demand for automation in manufactu
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