Danfoss Power Solutions has completed its acquisition of hose fittings manufacturer Hydro Holding Spa after receiving required regulatory approvals.
Hydro Holding manufactures carbon steel and stainless steel hose fittings, adapters and hose assemblies. The company employs about 350 people and operates production facilities in Italy and the Czech Republic.
Hydro Holding will be integrated into Danfoss Power Solutions’ Fluid Conveyance division as a new business unit named Hydro. Stefano Bordegnoni, who has served as Hydro Holding’s CEO since May 2024, will lead the unit as vice president.
Danfoss Power Solutions’ Fluid Conveyance division supplies hoses, fittings and related components for mobile and industrial equipment across multiple markets. The division reported annual sales of €1.2 billion in 2024 and, following the acquisition, employs approximately 5,650 people.
