York County-based RG Group, a distributor and manufacturer of motion control and fluid-handling products, said today it has acquired New Jersey-based Eastern Hydraulic Solutions.
“Our industry continues to consolidate, affording us great opportunities to aggressively grow our business,” RG Group CEO Randy Gross said in a news release. “This opportunity is a great fit as a bolt on to our Van-Air Division. We will continue to look for strategic candidates to improve our market position.”
The deal also will help RG Group expand its market share in the Philadelphia and New Jersey areas, according to the company.
The companies did not release details of the acquisition.