Applied Industrial Technologies Acquires Sentinel Fluid Controls
March 06 2017 - 12:00PM
Applied Industrial Technologies (NYSE:AIT) today announced it has
acquired Sentinel Fluid Controls (“Sentinel”), a distributor of
hydraulic and lubrication components, systems and solutions. Terms
of the purchase were not disclosed.
“The addition of Sentinel complements and
enhances our fluid power market leadership,” said Neil A.
Schrimsher, President & Chief Executive Officer for Applied.
“Their experience and expert fluid power solutions enrich our
comprehensive product and service offering and strengthen our
geographic footprint.”
Established in 2002 by combining the hydraulic
divisions of four Midwestern fluid power distributorships,
Sentinel’s roots date back to the mid-1920s. Today, the business
operates from locations in Toledo, OH; New Berlin, WI; Valparaiso,
IN; and Indianapolis, IN. The company’s extensive hydraulic and
lubrication offering includes standard, custom, mobile and
industrial systems, plus related engineering, service and repair
capabilities. Sentinel serves a broad range of industries,
including automotive and transportation, construction, food and
beverage, mining, pulp and paper, and general industrial.
Todd A. Barlett, Applied’s Vice President –
Acquisitions and Global Business Development, added, “We are happy
to welcome Sentinel’s associates into our company and the Applied
Fluid Power team, bringing together our talents and capabilities to
deliver added value and additional growth opportunities.” Headed by
Warren E. (Bud) Hoffner, Vice President, General Manager – Fluid
Power, the Applied Fluid Power network of companies lead the
industry in innovative technology and engineered systems
solutions.
About Applied Founded in 1923,
Applied Industrial Technologies is a leading industrial distributor
serving MRO and OEM customers in virtually every industry. In
addition, Applied provides engineering, design and systems
integration for industrial and fluid power applications, as well as
customized mechanical, fabricated rubber and fluid power shop
services. Applied also offers maintenance training and inventory
management solutions that provide added value to its customers. For
more information, visit www.applied.com.
CORPORATE & MEDIA RELATIONS
Julie A. Kho
Manager, Public Relations
216-426-4483
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