Hydraulic Supply Company (HSC), a fluid power distributor of hydraulic, pneumatic, and industrial products, Sunrise, Fla. and Fabacher Inc., a Harvey, La.-based marine exhaust and fluid handling products company, have entered into a definitive Purchase Agreement, with Hydraulic Supply Co. acquiring all of the assets of Fabacher Inc.
Hydraulic Supply Co. now operates in Florida, Georgia, South Carolina, North Carolina, Tennessee, Louisiana, and Monterrey, Mexico with locations coming soon to Alabama. The company has immediate plans to increase the size and breadth of the Fabacher product and service portfolio available to customers in New Orleans and Southeast, to continue to meet the growing needs of those fluid power and industrial customers.
As a result of the Fabacher acquisition, Hydraulic Supply Co. will also be adding capabilities to its other locations including metal hose and pipe fabrication to its current hose assembly, tube bending-flaring, valve assembly, and build programs.
“We are thrilled to have the opportunity to carry on the work Bob and Ed Fabacher started from their Louisiana location nearly 40 years ago, supplying and distributing marine exhaust and fluid handling products throughout the U.S. We are equally delighted they have entrusted us with their team members, customers, and vendor partners, as part of the growing Hydraulic Supply family,” said John Serra, President, Hydraulic Supply Co.
Ed Fabacher added, “Our life’s work has been to serve the New Orleans and Southeastern markets and our customers with quality products and services, while at the same time providing good stewardship to the loyal employees of Fabacher. We could not think of a better company to place our employees and customers with, than into the trusting hands of Hydraulic Supply Company, which shares a similar culture and set of values to the company that we and our employees have built over the last 40 years.”
Bob Fabacher commented, “We are happy to support Hydraulic Supply Company’s plans to grow the business and add new products and services, as they carry on the mission, culture, and values we built.”
Hydraulic Supply Co.