Oct 3, 2014
Houston, TX – On September 30, 2014, Hydraquip, Inc. acquired the assets of Emrick and Hill, Inc. (E&H) headquartered in Denver, Colorado. Emrick and Hill, a factory-authorized distributor of Eaton Aeroquip, has been providing hydraulic, pneumatic and lubrication products in the Denver area since 1967. Emrick and Hill will operate with the same employees and location but now act as a division of Hydraquip, Inc.
The acquisition of E&H allows Hydraquip to diversify with a new geographical territory while providing strong synergies with Hydraquip’s current operations in Texas, Oklahoma, Arizona, New Mexico and Louisiana. With a focus in the oil & gas industry, many of Hydraquip’s customers have operations in the Niobrara Shale and Western Colorado. Through a local presence with E&H, Hydraquip will be better able to serve current customers as well as expand into new markets.
“Emrick and Hill has a long history of serving production and service needs in Colorado,” says Tim Nichols, President of Hydraquip, Inc. “They seek to understand the entire hydraulic system in order to provide creative hose solutions while ensuring equipment reliability. We look forward to adding this talented team to our company of employee owners.”
E&H joins Hydraquip, Inc.’s family of 100% employee owned companies under Employee Owned Holdings, Inc. (EOHI). In addition to Hydraquip, Inc., EOHI is the parent company for Southern U.S. fluid power companies Supreme Integrated Technology, Inc., Gulf Controls Company, Inc. and Hydraquip Custom Systems, Inc.
"Emrick and Hill is a fantastic addition as it complements Hydraquip’s focus and allows us to serve more customers in different markets,” commented Richard Neels, President and CEO of Employee Owned Holdings, Inc. “We look forward to providing customers in Colorado the support and assistance needed to grow and thrive."
Hydraquip’s employees bring a unique level of service to customer relationships because they are owners with a vested interest to see customers and the company succeed. For more information about this company, please visit www.hydraquip.com and see its YouTube video to learn more about these dedicated employees and the Hydraquip brand.