PMC Hydraulics Group divests service activities in Denmark to AVN Hydraulik

PMC Hydraulics Group has signed an agreement for selling its service activities in Denmark to AVN Hydraulik A/S with effect from April 1st 2017.

PMC Hydraulics will continue to focus on customized hydraulic solutions and hydraulic components for OEM-customers and end users from its premises in Ballerup and the close area of Esbjerg.

CEO for PMC Hydraulics Group, Mikael Lundgren, pronounces:
“I am very satisfied with the fact that our service activities and employees in Esbjerg are now going to be a part of an organization with focus on developing the service business. The sale of the service activities is part of our strategy to focus on offering our customers specialized competences within development, design and production of customized hydraulic systems, manifold solutions, mobile hydraulic transmissions and components within the Energy, Industry, Mobile and Marine segments.”

For further information please contact:

Mikael Lundgren, CEO, PMC Hydraulics Group AB
Phone: +46 70 999 87 38

Börje Vernet, CEO, Dacke Industri
Phone: +46 70 298 46 67

The turnover of PMC Hydraulics Group is approx. 1 billion SEK with approx. 500 employees and companies in Denmark, Sweden, Finland, Estonia, Latvia, Poland, India and China. PMC is a part of Dacke Industry, which is 100% owned by the Swedish Nordstjernan. Read more on www.pmchydraulics.se

Dacke Industri AB invest in innovative technology companies focusing on customer designed systems and components.