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Safim

safim.it

Founded Year

1977

Stage

Acquired | Acquired

About Safim

Safim is a manufacturer of components for hydraulic systems used within the agricultural, construction and material handling sectors.

Headquarters Location

Via D. Livingstone 6

Modena, 41123,

Italy

+39 059894411

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Safim Patents

Safim has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/13/2008

11/15/2016

Fluid dynamics, Hydraulics, Aircraft controls, Occupational safety and health, Aerodynamics

Grant

Application Date

3/13/2008

Grant Date

11/15/2016

Title

Related Topics

Fluid dynamics, Hydraulics, Aircraft controls, Occupational safety and health, Aerodynamics

Status

Grant

Latest Safim News

DexKo to Acquire Fluid-Press Group

Jul 1, 2022

The company makes hydraulic valves and manifold blocks for agricultural, industrial and construction equipment. Jul 1st, 2022 DexKo Global Inc. NOVI, Mich. — DexKo Global Inc., a global leader in highly engineered trailer running gear, chassis assemblies, related components and hydraulic brake applications, on Thursday announced the signing of a definitive agreement to acquire Fluid-Press Group. Fluid-Press, founded in 1971, is located in Albinea, Italy. The company develops and manufactures hydraulic valves and manifold blocks for agricultural machinery, industrial equipment, cranes, aerial platforms and earth-moving machines. Fluid-Press will be a valuable addition to DexKo's Hydraulics business, working closely with Safim Brakes, a leading manufacturer of highly engineered hydraulic braking system components used in a range of off-highway equipment applications. Safim has been a part of DexKo and AL-KO Vehicle Technology since 2019. "The family business, which has been successfully managed for decades, produces high-quality products and components," said DexKo CEO Fred Bentley. "This acquisition enables DexKo to continue to grow in hydraulics and further expand our product offering in this segment. We are pleased to welcome the Fluid-Press team to DexKo and to help them build upon the company's strong foundation." "We are dealing with complementary customer portfolios — OEM and distribution — which will allow us to grow further in the respective customer segments with both Safim and Fluid-Press products that we can now sell through the distribution channels of both companies and into untapped markets", said Harald Hiller, president and CEO of AL-KO. "We look forward to uniting the strengths of the Fluid-Press team with those of DexKo to grow the Hydraulics business further". "We will work closely together, exploit synergies and thus significantly broaden our customer and geographic reach, and I am looking forward to utilizing our joint business opportunities", said Giovanni Pedrinoni, managing director at Safim. "We are proud to be part of DexKo, a global industrial group which will strengthen Fluid-Press' worldwide presence. I am confident we will achieve great results together with Safim," said Aldo Tagliavento, chairman of Fluid-Press, who will continue to serve the business as a director. Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions. Latest in Mergers & Acquisitions

Safim Frequently Asked Questions (FAQ)

  • When was Safim founded?

    Safim was founded in 1977.

  • Where is Safim's headquarters?

    Safim's headquarters is located at Via D. Livingstone 6, Modena.

  • What is Safim's latest funding round?

    Safim's latest funding round is Acquired.

  • Who are the investors of Safim?

    Investors of Safim include DexKo Global and Ambienta.

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