
Fortress Investment Group Acquires TH Holdings
Key Highlights:
- Fortress acquires TH Holdings, including brands Texas Hydraulics, Hydromotion, and Oilgear.
- The acquisition enhances capabilities in hydraulic engineering and manufacturing for mobile, industrial, and energy markets.
- TH Holdings' management retains a minority equity stake, with plans for innovation and growth.
- End-to-end services: From custom design to after-market support for hydraulic components.
- Applications span heavy-duty industries, including aerospace, defense, mining, and energy.
Source: Business Wire
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