6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Manuli Hydraulics has acquired India-based PSI Hydraulics. Terms were not disclosed.
PSI is India’s third largest company in the field of hydraulic fluid conveyance solutions, with operations in Bangalore and Udaipur. Following the acquisition, the name of the company has changed to Manuli PSI Hydraulics Private Ltd.
This acquisition further strengthens Manuli Hydraulics global footprint in manufacturing and assembly operations bringing its capabilities closer to key industries within the growing Indian market.