SBP Holdings acquired Hydrafab LLC on Tuesday, March 1, 2022. Hydrafab will operate within the fluid power/automation platform (Dakota Fluid Power) for SBP Holdings. The fluid power/automation vertical of SBP Holdings is one of two platform businesses along with its Industrial Rubber vertical (Singer Equities). With this addition, SBP Holdings will increase its North America footprint to approximately 70 locations with over 1000 employees.
Singer Equities, Inc. has acquired OB&E Rubber Company, headquartered in Jeffersonville, IN. OB&E Rubber provides heavy-duty conveyor belts, accessories, and field services including installation and conveyor maintenance out of their Indiana location. OB&E serves multiple markets including power generation, aggregate, recycling and resell.