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Performance under Pressure

Actuant Corporation acquires Larzep SA

Feb 18, 2016

As of February 17th, 2016, Actuant Corporation has acquired the ownership of Larzep SA.

Actuant Corporation is a $1.4B diversified industrial company serving customers from operations in more than 30 countries. Larzep will become part of the Actuant Industrial Segment with established brands like Enerpac, Simplex, Milwaukee Cylinder and Precision-Hayes International.

Through this acquisition, Larzep will benefit from the resources and knowledge of Actuant, and will be an important building block for further growth of the Actuant business.

Larzep will continue to conduct business under its own name.

We are excited about the opportunities that this will bring to our customers, and we look forward to exploring these.

The commercial team will consist of Jose Alberto Larrea and John Reijerink under the leadership of Luis Sordo.

Robert Bakkum
Managing Director Larzep