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EY advised Bucher Hydraulics on expanding into Finland and acquiring Hydman Oy

Global, Swiss-based Bucher Hydraulics has acquired Hydman Oy from Tampere, with EY supporting Bucher throughout the transaction.

On November 13, 2024, Bucher Hydraulics announced its acquisition of Hydman Oy, a step to enhance its market presence in the Nordics. 

 

Bucher Hydraulics is the hydraulic division of the global Swiss group Bucher Industries, a corporation listed on the SIX Swiss Exchange with net sales in 2023 of approx. 3.6 billion CHF. Hydman is a European developer and manufacturer of hydraulic solutions, well-regarded in the Nordics market, with annual revenue of EUR 13 million. 

 

The strengthened organization and improved market position will allow Bucher Hydraulics to better serve its customers in the Nordics region. The acquisition marks a strategic move for Bucher Hydraulics, positioning it for continued growth and success in the hydraulic solutions market. 

 

EY supported Bucher Hydraulics comprehensively throughout the transaction and negotiations process by proving Financial, Tax and all Transaction Law services, such as contract negotiations, authority filings, employment, real estate, financing, technology and IPR law matters. The transaction highlights EY’s leading capabilities to serve clients as a one-stop-shop for first-class advisory services in various M&A topics.

 

The transaction is subject to customary conditions, including authority approval. 

 

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Strategy and Transactions page.

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    Summary

    EY provided comprehensive support to Bucher Hydraulics during the acquisition of Hydman Oy. EY’s services included Financial, Tax and all Transaction Law services. 

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