An industrial machinery manufacturer in Gloucestershire has been acquired by a North West firm.
Hydraproducts, which specialises in hydraulic power packs, has been bought by Preston-based R&G - which with a turnover of around £75m is one of the UK’s largest suppliers of aftermarket fluid power parts, components and assemblies.
Based at Tuffley Trading Estate in Gloucester, Hydraproducts was established by entrepreneur Ben Lee in 2002, after he previously worked for other hydraulic engineering firms, including in Italy.