Donaldson Co. has acquired Hy-Pro Corp., which designs and manufactures filtration systems and replacement filters for stationary hydraulic and industrial lubrication filtration applications, and is known in the construction industry for its hydraulic and oil filtration systems.
“We are excited to support Hy-Pro’s dedicated team and valued customers,” said Tom Scalf, Donaldson’s senior vice president of Engine Products. “Hy-Pro’s application expertise and filtration products improve the reliability and cost-effectiveness of their customers’ systems, often by extending the life of critical equipment and expensive fluids. Hy-Pro will continue to grow its well-known brand of stationary hydraulic and lubrication systems by leveraging Donaldson’s filtration technology, global support and strength in mobile hydraulics.”
“Hy-Pro is an excellent addition to Donaldson’s global portfolio of filtration businesses,” said Tod Carpenter, president and chief executive officer of Donaldson. “Like Donaldson, Hy-Pro has demonstrated a commitment to product innovation and a high level of customer support to solve their customers’ filtration problems. We welcome Hy-Pro’s employees and customers, and we look forward to continuing to grow the Hy-Pro business with them.”
Hy-Pro, which was founded in 1986, is based in Anderson, Indiana, and has 110 employees. Hy-Pro generates annual revenue of approximately $25 million through sales of filtration systems and replacement parts for a wide range of industries, including manufacturing, metals processing and power generation.