Linde, PMP form strategic alliance
Diversified Italian producer of power transmissions and fluid power, PMP Industries, and German manufacturer of heavy-duty hydraulics, Linde Hydraulics, have formed a global strategic alliance. The agreement broadens each other’s product portfolio, sales channels and regional coverage.
Linde will offer PMP’s wide range of swing, track and wheel drives, along with hydraulic plug-in motors while PMP will add Linde’s range of heavy-duty hydraulic pumps, motors and main control valves to its portfolio. The alliance particularly leverages Linde’s technological advantage of its load-sensing valve technology LSC for superior efficiency and productivity. The alliance enables both partners to offer system solutions by synchronising individual components while optimising their performance.
Both companies will offer the other party’s products through their own extensive sales and service networks to utilise individual regional strengths. Linde Hydraulics is well positioned in established in Western markets while PMP is particularly strong in growth regions. Through the alliance, both companies intend to significantly expand their market shares in the respective hydraulic and power transmission segments by 2018.