One year ago, Manuli Rubber Industries SpA and RYCO Hydraulics Pty Ltd completed a transaction that effectively merged the businesses. Over the last year, we have seen the combined business become a global powerhouse within the hydraulic hose and fittings industry.
The MRI Group, comprising of RYCO, RYCO 24•7, Manuli Hydraulics and Fluiconnecto, has continued to grow, despite the challenging times. Its increased focus and dedication to its customers continue to strengthen its market position. The robustness and drive of the combined business ensure its ability to thrive under any market condition and is testament to the effectiveness of its management.
The MRI – RYCO partnership has enabled both entities to leverage their resources, manufacturing capabilities and distribution channels and gain new markets, new customers, reaching new heights.
Combined, the MRI Group has a comprehensive global footprint extending through the Americas; EMEA and CIS; Asia, China, India, and APAC. It continues to support both new and existing customers by capitalising on its product and distribution synergies.
RYCO CEO Leigh Morrison said, “It’s an exciting time for the MRI Group. We’re growing. We’re expanding. We are developing superior products and greater technologies for our customers. We are collaborating with organisations and people that share the same commitment to flexibility and responsiveness. Together, with our customers, we have the power, reach and ability to continue to forge our growth and develop market share.”
Please do not hesitate to contact us should you wish to discuss how we can continue to meet your needs and exceed your expectations. We very much appreciate your ongoing support. Let’s make it happen together.
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