R&G Fluid Power acquires PAR Group

R&G Fluid Power acquires PAR Group

We are thrilled to announce that R&G Fluid Power Group Ltd has completed the acquisition of Plastic and Rubber Group Ltd.

R&G Fluid Power (a division of Diploma PLC) is a UK-based business offering unrivalled expertise, experience and product knowledge of fluid power products and systems for industry. Established in 2017, R&G have 40 UK divisions providing Bespoke Engineering, Gaskets & Seals, Hose & Couplings, Hydraulics and Pneumatics.

The acquisition of PAR Group enhances their existing bespoke manufacturing services, in particular plastic machining, plastic fabrication, waterjet cutting, CNC profile cutting, industrial stitching and rubber moulding. This expands their capabilities to manufacture products, such as gaskets, rubber mouldings and precision-engineered and fabricated components. With PAR Group already stocking and distributing an extensive range of hoses and fittings, it fits perfectly into the core offering of the R&G Fluid Power Group.

Commenting on the acquisition, Richard Davies, MD of R&G Fluid Power Group, stated,

"We are very excited to welcome the whole PAR team to the R&G family. PAR's expertise and reputation complement and extend our existing capabilities, allowing us to better serve our customers. There is plenty that the team at PAR can share with others within our group and we are looking forward to learning from each other and continuing our success."

Culturally, our dedication to quality, customer satisfaction, and support of local community initiatives perfectly aligns with R&G's values and strategic objectives. This acquisition further strengthens their position as a UK fluid power industry market leader.

The PAR Directors stated,

"We are delighted to become part of the R&G Fluid Power Group. We have developed our company over the last 20 years, strategically investing in employees, systems, machinery, facilities, and developing engineering expertise. Becoming part of the R&G Fluid Power Group gives assurance and enables accelerated growth, providing opportunities and security for our company and all PAR staff for the future."

As with all R&G businesses, PAR will maintain a strong identity and continue to operate under its current brand and existing locations with the same unwavering commitment to customers and colleagues. Keith, Tony, and Chris will continue to lead the PAR business and work with their new colleagues at R&G to help develop and integrate PAR with R&Gs existing plastics and rubber businesses.

For more information about R&G Fluid Power, please visit: https://www.rgfluidpower.com