Origin Merchant Partners (“Origin”) is pleased to announce that Pacoma Holding S.a.r.l’s (“Pacoma”) hydraulic cylinder technology businesses have been acquired by Precision Hydraulic Cylinders (“PHC”), a subsidiary of Leggett & Platt, Inc (“Leggett”).
Pacoma is a leading global manufacturer of hydraulic cylinders and at the forefront of actuator position measuring technologies primarily for off-highway vehicle applications in the construction industry with expertise built over the past four decades. The company is headquartered in Germany, with manufacturing locations in Germany and China and a distribution facility in Halifax, Pennsylvania.
Leggett is a global, publicly listed manufacturer of engineered components for a wide range of industrial, commercial and consumer markets. In January 2018, Leggett entered the hydraulic cylinders industry by acquiring PHC.
PHC is a global manufacturer of hydraulic cylinders primarily for material handling applications and specializing in smaller-diameter, short lead-time, single acting cylinders.