Tidal Fluid Power sold to HI Fraser Group
Divest Merge Acquire advised the owners of Tidal Fluid Power in their successful sale to HI Fraser Group.
Tidal Fluid Power specialises in the manufacture and supply of high performing, competitively priced hydraulic components including pumps, motors, valves and spare parts to hydraulic repairers, resellers and OEMs throughout Australia with offices on both the East and West Coast. The owner of the business was ready to retire after a very successful 23 years running and growing the business.
HI Fraser saw Tidal as strong strategic fit with their portfolio of companies giving access to new markets and capabilities.
About Tidal Fluid Power
About HI Fraser Group
DMA provided an excellent service in the sale of the business. Starting with the initial fact-finding interview, data collection and the development of the marketing plan. This resulted in an early response from the eventual purchaser. DMA were highly professional throughout the entire pre contract period assisting to negotiate a price above expectations. Through a difficult contract process DMA led the way to secure a final deal & contract settlement. I could not recommend (their) contribution highly enough.
