Posted to News on 15th Feb 2018, 12:06
VHS Hydraulic components acquires Neilson Hydraulics
Sheffield-based VHS Hydraulic Components Ltd, who specialise in producing power packs and supplying a range of hydraulic components, has strengthened its position in the UK hydraulic market with the recent acquisition of Neilson Hydraulics, which is also based in the city in close proximity to the Advanced Manufacturing Park.
The recent acquisition of Neilson Hydraulics is a large step forward in the group's growth plan, adding some of the industry's top brands to the group's portfolio and complimented well with the technical backup from Neilson Hydraulics. Given the extra facilities within the group, VHS Hydraulic Components Ltd are now able to offer customers full in-house cylinder production and modification, along with industrial electronics (drives and controls) and full system design. The wealth of knowledge brought by over 30 years of experience through former Neilson Hydraulics MD, John Yarnall, who has now taken on the new position of General Manager at the firm and the company's dedicated team will be key to the group's future.
VHS has worked closely with Neilson Hydraulics and VHS's sister company Parmafluid (based in Parma, Italy) over the past few months on this project to ensure a smooth transition. The group has access to stock exceeding 5 million. Parmafluid is one of the leading Italian distributors in the hydraulic market servicing many sectors worldwide.
Federico Ferrari, President of VHS group adds: "We are extremely proud to welcome into our family a new sister company, Neilson Hydraulics, a historical and very renowned company that together with VHS completes our presence in such an important market that we have in the UK. The operation now gives more strength with our precise group strategy to be an important player of hydraulic business in Italy, in the UK and in Europe."
Rob Turner, MD of the UK group of companies mentions: "Neilson's and VHS complement each other very well. Both companies have so much to offer each other, with the vast nationwide distribution network of VHS and the highly technical team of Neilson's. Ultimately we will offer the market a complete hydraulic solution. It is an exciting time for us all, with everyone inside the group being fully behind the acquisition, exciting times lay ahead and we are all very much looking forward to the future together."
VHS Components and Neilson Hydraulics supply hydraulic components and solutions to companies in the agriculture, construction, engineering, farming, materials handling, marine, plastics, recycling and steel industry. The group also designs and manufactures hydraulic systems, power packs and cylinders at its factory in Sheffield. For more information on VHS Components visit www.hydraulic-components.net.
