Knoxville, TN (June 6, 2022)
Bailey International, LLC (Bailey) announces the acquisition of Québec-based, Hydrolico International Inc. (Hydrolico). The acquisition of Hydrolico will expand Bailey`s product portfolio and provide additional expertise in hydraulic and pneumatic manufacturing. Bailey will continue to develop and grow the Hydrolico business in Canada and the United States. [This combination allows us to bring a combined 70 years of expertise to the market," said Ken Baker, CEO of Bailey International. [We look forward to providing more products, additional capabilities and excellent service to our customers," said Baker.
The addition of Hydrolico`s facilities in Montreal, Canada and Walker, Michigan will further strengthen Bailey`s North American infrastructure and help support customers globally. [Hydrolico`s advanced manufacturing capabilities will allow us to expand the services we can provide," said Christopher Rowley, Vice President of Operations at Bailey. [By expanding Bailey`s engineering facilities in Canada, we will strengthen our support to our customers around the globe," said Rowley.
Hydrolico`s sales and distribution network will reinforce Bailey`s existing system. [This acquisition provides us with outstanding distribution and customer support capabilities," said Stan Schultz, Vice President of Sales, and Marketing at Bailey International. [Our go-to-market strategies and product portfolios are well aligned." said Schultz.
Bailey is owned by EBSCO Industries, a Forbes Top 200 privately-owned company. Under the stewardship of EBSCO, Bailey has grown rapidly since being purchased in 2019. [We have a high degree of confidence in the Bailey leadership team and their ability to grow the business organically and through acquisitions. Hydrolico is a nice cultural and strategic fit that will provide Bailey with significant growth opportunities," said David Walker, President, and CEO of EBSCO Industries. [We look forward to welcoming the Hydrolico team members and continuing their legacy of providing excellent service and high-quality products." said Walker.
About Hydrolico International Inc.
Hydrolico has been a leading manufacturer of hydraulic and pneumatic equipment for over 25 years. Their extensive portfolio of products includes hydraulic cylinders, pneumatic actuators, valves, and other equipment. Hydrolico`s products and team of experts are widely recognized for uncompromised quality and reliability. Hydrolico maintains manufacturing and distribution facilities in Montreal, Canada and Walker, Michigan in the United States.
