MANULI FLUICONNECTO HOLDING ANNOUNCES A NEW ACQUISITION: TALLERES HIDRAULICOS SAC

(Lima, February, 10th 2014) Fluiconnecto by Manuli, a division of Manuli Rubber Industries (MRI), announces the acquisition of 51% of the shares of Talleres Hidraulicos SAC, with operations in Perù.

Talleres Hidraulicos is focused on providing replacement hydraulics parts and service equipment to the mining and exploration industry across Perù, where it operates through 22 wholly owned mine site based service points. Talleres Hidraulicos is the market leader in its field and is an integral partner to the mining companies and their contractors, focused on assisting their customers to reduce the downtime of mining production equipment.

As a member of the Fluiconnecto network, Talleres Hidraulicos brings its customers closer to the manufacturer than any other hydraulics supplier, enabling to move goods faster, ensure continuity of supply and deliver truly global logistics solutions. In addition, the relationship provides Talleres Hidraulicos’ customers with direct access to Manuli’s highly skilled technicians and engineers, who operate from five global Innovation Centres focused on the continuous development of new technologies and integrated mine-site solutions.

Fluiconnecto by Manuli, is a leading international service organization, focused on high pressure fluid connectors, providing products and application knowledge, as well as maintenance services to all market segments, through a global network tailored to local conditions.

With Talleres Hidraulicos on board, the Fluiconnecto by Manuli Group will now operate a network of over 230 fully owned hydroshops in Europe, the Middle East, Africa, South America and the Asia Pacific region.

For more information, visit Manuli Rubber Industries’ website www.manulirubber.com, Fluiconnecto by Manuli’s website www.fluiconnecto.com and Talleres Hidraulicos’s website www.talleres-hidraulicos.com