Singer Equities, a wholly owned subsidiary of SBP Holdings, Houston, TX, has acquired Future Hydraulik, Inc., Laval, Quebec. Terms were not disclosed.
Founded in 2005, Future Hydraulik is a distributor, fabricator and wholesaler of hydraulic hose, fittings, assemblies and fabrication equipment in Eastern Canada. It serves distribution and OE customers in a diversified market base including industrial and automotive distribution, forestry, drilling, marine, construction, mining and agricultural.
“We are very excited and proud to have Future Hydraulik join the Singer Equities team and expand our geographic footprint into Canada," said Sam Petillo, president of Singer Equities. "The addition of Future Hydraulik strengthens Singer’s hose and fitting product portfolio and further diversifies our customer and channel base."
