BBB Acquires Hydraulex

Daphne-based BBB Industries, LLC (BBB), a sustainable manufacturer serving automotive, industrial, energy storage and solar markets, has acquired Hydraulex, which BBB calls “a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket.” Terms of the deal were not announced, but BBB said, “Hydraulex’s history of providing repair and remanufacturing of aftermarket hydraulic components for both mobile and fixed applications aligns with BBB’s commitment to sustainable manufacturing in support of efficient resource management and reduced total cost of ownership. With its headquarters in Detroit and offices in Memphis and Seattle, Hydraulex has manufactured products that power critical equipment spanning across infrastructure, industrial, construction, agriculture, mining, on-highway and marine equipment end markets for more than 40 years.