CLEVELAND, OH β Applied Industrial Technologies, No. 15 on Industrial Distribution's Big 50 List, announced Monday that it has acquired Sentinel Fluid Controls, a distributor of hydraulic and lubrication components, systems and solutions. Terms of the purchase were not disclosed.
βThe addition of Sentinel complements and enhances our fluid power market leadership,β said Neil A. Schrimsher, President & Chief Executive Officer for Applied. βTheir experience and expert fluid power solutions enrich our comprehensive product and service offering and strengthen our geographic footprint.β
Established in 2002 by combining the hydraulic divisions of four Midwestern fluid power distributorships, Sentinelβs 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 companyβs 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, Appliedβs Vice President β Acquisitions and Global Business Development, added, βWe are happy to welcome Sentinelβs associates into our company and the Applied Fluid Power team, bringing together our talents and capabilities to deliver added value and additional growth opportunities.β Headed by Warren E. (Bud) Hoffner, Vice President, General Manager β Fluid Power, the Applied Fluid Power network of companies lead the industry in innovative technology and engineered systems solutions.