Triad Technologies, Vandalia, Ohio, a distributor of fluid power and automation products, has acquired Day Fluid Power, Goshen, Indiana, an authorized distributor of Parker Hannifin fluid connector and pneumatic products. Terms of the transaction were not disclosed.
The acquisition expands Triad's geographic footprint and makes the Goshen location Triad's twenty-first ParkerStore.
“My father, Wesley Day, founded the company with a set of core values that are still ingrained in the company today,” said Mitch Day, president and owner of Day Fluid Power. “Honesty, customer satisfaction, striving to do your best, and treating others as you would like to be treated, are the basis for everything we do at Day Fluid Power. We are excited to find a partner in Triad Technologies who, although a much larger company, also embodies a similar set of values. We feel the combining of our two companies is a great opportunity for our employees to grow, for our customers to receive more products and expertise, and for both companies to expand opportunities.”