ORANGE PARK, Fla.—Bridgestone HosePower L.L.C. has a little more depth behind its hydraulic and industrial services and solutions thanks to its latest acquisition.
The company—a wholly owned and indirect subsidiary of Bridgestone Corp.—acquired Cline Hose & Hydraulics L.L.C., a Greenville, S.C.-based, family-owned operation.
"Cline Hose & Hydraulics has an exceptional reputation for quality and has a very similar business model as Bridgestone HosePower," Tom Henry, Bridgestone HosePower president and CEO, said in a statement. "This acquisition expands upon our capabilities while increasing our capacity to service a larger customer base with speed and flexibility."
Terms of the agreement, which closed Jan. 11, were not disclosed.