Knoxville, TN (June 6, 2022)
Bailey International, LLC (Bailey) announces the acquisition of Québec-based, Hydrolico International Inc. (Hydrolico). The acquisition of Hydrolico will expand Bailey’s product portfolio and provide additional expertise in hydraulic and pneumatic manufacturing. Bailey will continue to develop and grow the Hydrolico business in Canada and the United States. “This combination allows us to bring a combined 70 years of expertise to the market,” said Ken Baker, CEO of Bailey International. “We look forward to providing more products, additional capabilities and excellent service to our customers,” said Baker.
The addition of Hydrolico’s facilities in Montreal, Canada and Walker, Michigan will further strengthen Bailey’s North American infrastructure and help support customers globally. “Hydrolico’s advanced manufacturing capabilities will allow us to expand the services we can provide,” said Christopher Rowley, Vice President of Operations at Bailey. “By expanding Bailey’s engineering facilities in Canada, we will strengthen our support to our customers around the globe,” said Rowley.
Hydrolico’s sales and distribution network will reinforce Bailey’s existing system. “This acquisition provides us with outstanding distribution and customer support capabilities,” said Stan Schultz, Vice President of Sales, and Marketing at Bailey International. “Our go-to-market strategies and product portfolios are well aligned.” said Schultz.
Bailey is owned by EBSCO Industries, a Forbes Top 200 privately-owned company. Under the stewardship of EBSCO, Bailey has grown rapidly since being purchased in 2019. “We have a high degree of confidence in the Bailey leadership team and their ability to grow the business organically and through acquisitions. Hydrolico is a nice cultural and strategic fit that will provide Bailey with significant growth opportunities,” said David Walker, President, and CEO of EBSCO Industries. “We look forward to welcoming the Hydrolico team members and continuing their legacy of providing excellent service and high-quality products.” said Walker.
About Hydrolico International Inc.
Hydrolico has been a leading manufacturer of hydraulic and pneumatic equipment for over 25 years. Their extensive portfolio of products includes hydraulic cylinders, pneumatic actuators, valves, and other equipment. Hydrolico’s products and team of experts are widely recognized for uncompromised quality and reliability. Hydrolico maintains manufacturing and distribution facilities in Montreal, Canada and Walker, Michigan in the United States.
About Bailey International
Headquartered in Knoxville, Tennessee, Bailey is a leading manufacturer of custom-engineered hydraulic components and electronic control systems for companies across a wide range of industries. Bailey manufactures products including hydraulic cylinders, hydraulic power units, hydraulic valves, joysticks and other electronic controls under the Chief, Maxim, and Sure Grip Controls brands as well as distributes numerous other products. Bailey also provides design, engineering, testing and custom manufacturing services to leading mobile and industrial equipment companies around the world. Media Contact: James Green +1-865-500-2451