HYDAC is a German

company group A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept ...

that specializes in the production and distribution of components and systems as well as services related to hydraulics and

fluidics Fluidics, or fluidic logic, is the use of a fluid to perform analog signal, analog or Digital data, digital operations similar to those performed with electronics. The physical basis of fluidics is pneumatics and hydraulics, based on the theoret ...

. Hydac is constituted of 15 legal entities, all of which are GmbHs, companies with limited liabilities. CEOs for these companies are Alexander Dieter, Wolfgang Haering and Hartmut Herzog. Subsidiaries exist in more than 10 countries. In 2011, the company had approximately 5,500 employees.

History

HYDAC was founded in 1963 by Werner Dieter and Ottmar Schön, when an exclusive license for central Europe for a

hydraulic accumulator A hydraulic accumulator is a pressure storage reservoir in which an incompressible hydraulic fluid is held under pressure that is applied by an external source of mechanical energy. The external source can be an engine, a spring, a raised weight, ...

was taken out.{{Cite book, url=https://www.springer.com/de/book/9783663100348, title=Fallstudien zum Internationalen Management - Grundlagen — {{! Joachim Zentes {{! Springer, language=en The name HYDAC is an abbreviation for "hydraulic accumulator".

Company structuring

In 2015, HYDAC had 9,000 employees, 50 subsidiaries, and 500 distribution and service partners. The company group is headquartered in Sulzbach (

Saarland The Saarland (, ; french: Sarre ) is a state of Germany in the south west of the country. With an area of and population of 990,509 in 2018, it is the smallest German state in area apart from the city-states of Berlin, Bremen, and Hamburg, and ...

). More than 3000 employees are employed in Sulzbach. In 2014, the subsidiary with the highest revenue was HYDAC Technology GmbH with revenues of

€ The euro sign () is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists o ...

445.6 million and 384 employees.

Bundesanzeiger The ''Bundesanzeiger'' is an official publication of the Federal Republic of Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, ...

: "H Y D A C Technology GmbH". Jahresabschluss zum Geschäftsjahr vom 1. Januar 2014 bis zum 31. Dezember 2014. In the same year, HYDAC International GmbH and its 466 employees, which is presently providing distribution services to the other subsidiaries of the group, had revenues of €75.9 million. The groups subsidiaries are: * HYDAC Technology GmbH in Sulzbach / Saar * HYDAC Filtertechnik GmbH in Sulzbach / Saar * HYDAC Fluidtechnik GmbH in Sulzbach / Saar * HYDAC International GmbH in Sulzbach / Saar * HYDAC Verwaltung GmbH in Sulzbach / Saar * HYDAC Electronic GmbH in Gersweiler / Saar * HYDAC Accessories GmbH in Sulzbach / Saar * HYDAC Process Technology GmbH in Neunkirchen / Saar * HYDAC System GmbH in Sulzbach / Saar * HYDAC Service GmbH in Sulzbach / Saar * HYDAC PTK Produktionstechnik GmbH in Sulzbach / Saar * HYDAC Cooling GmbH in Sulzbach / Saar * HYDAC Filter Systems GmbH in Sulzbach / Saar * HYDAC Grundstücksverwaltung GmbH in Sulzbach / Saar * HYDAC FluidCareCenter GmbH in Sulzbach / Saar * HYDAC Drive Center GmbH in Langenau * HYDAC Speichertechnik GmbH in Sulzbach / Saar * HYDROSAAR GmbH in Sulzbach / Saar * Kraeft GmbH Systemtechnik in Bremerhaven * NORDHYDRAULIC in Kramfors,

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

* QHP in Chester,

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...

* BIERI in Liebefeld,

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

* HYCOM in Apeldoorn,

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

References

Hydraulic accumulators Hydraulic engineering German companies established in 1963 Companies based in Saarland Corporate groups