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SBP Holdings Joins Forces With Central Hydraulics

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SBP HOLDINGS IS JOINING FORCES WITH CENTRAL HYDRAULICS, INC.

November 1, 2022 — Dallas, Texas

On Tuesday, November 1, 2022, SBP Holdings joined forces with Central Hydraulics Inc.  Central Hydraulics will operate within the Fluid Power Division of SBP Holdings.  With this addition SBP Holdings will increase its North America footprint to approximately 85 locations with over 1,000 employees.

Central Hydraulics, established in 1983 is owned and operated by Mr T.F. Strickland, Chris Chavez and Scott Strickland.  The business operates from five locations in Daytona Beach, Cocoa, Leesburg, Ocala and Tampa Florida.  Central Hydraulics is the region’s leading expert in hydraulic parts, systems and repair and clearly understands and responds to the urgency of customers’ requirements.  The business serves several key markets including general industrial and construction.  Chris and Scott will continue to manage the operation during the transition and plans are in place to expand the enterprise through organic growth and cooperation with other SBP Holdings companies.  Chris Chavez said, “Our Team has been proud to serve Florida for decades.  We are confident that this transition will benefit our employees as well as our customers by providing a stronger network and expanded offerings.”

SBP CEO Craig Osborne said, “The Central Hydraulic team is the perfect partner for us as we enter the Florida market.  The team they have built, the products and services they offer and their 5 locations are a perfect complement to our business and culture.”  SBP Fluid Power Division President Scott Wojciak added “Chris Chavez, Scott Strickland, TF Strickland and the entire Central Hydraulics team have built a profitable and expanding business by providing exceptional service to their diversified customer base. We are very excited to have the opportunity to partner with them in the Southeastern Market and build upon their success.”

SBP Holdings accelerates business with industrial solutions by providing hose, rubber, belt, fluid power and automation products and services throughout North America.

More information is available at sbpholdings.com or cenhyd.com

SBP Holdings is Joining Forces With Catawba & Coastal

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SBP HOLDINGS IS JOINING FORCES WITH CATAWBA INDUSTRIAL RUBBER COMPANY, INC. AND COASTAL HOSE & RUBBER, INC.

August 31, 2022 — Dallas, Texas

On Wednesday, August 31, 2022, SBP Holdings joined forces with Catawba Industrial Rubber Company, Inc. and Coastal Hose & Rubber, Inc.  Catawba / Coastal will operate within the Singer Hose and Rubber Division of SBP Holdings.  With this addition, SBP Holdings will increase its North America footprint to approximately 78 locations with over 1,000 employees.

Catawba Industrial, established in 1963 has been owned and operated by husband-and-wife team Marvin (Skip) and Pam Bruce since 1999.  The business operates from two locations in Charlotte, NC (Catawba Industrial Rubber) and Wilmington, NC (Coastal Hose & Rubber).  Catawba Industrial is the region’s leading expert in industrial hose, specialty gasket, and industrial belting and clearly understands and responds to the urgency of customers’ requirements.  The business operates in several key markets including general industrial, construction, chemical, and resale.  Skip and Pam, who plan to retire within a year, will continue to manage the operation during the transition and plans are in place to expand the enterprise through organic growth and cooperation with other SBP Holdings companies.

Skip Bruce said, “We have been proud to serve the Carolinas for decades.  We are extremely confident that this transition will benefit our employees as well as our customers by providing the same excellent sales and service while providing a stronger network and expanded offerings.”  Skip and Pam were represented by Viking Mergers & Acquisitions.

SBP CEO Craig Osborne said, “We are truly excited about teaming up with Skip, Pam, and the Team at Catawba Industrial to grow our presence in the Southeast.  Industrial hose and specialty gaskets continue to be a large addressable market with tremendous opportunity for growth and there is no question we have a solid base and the ability to expand.”

Singer Hose and Rubber Division President Sam Petillo added “Skip, Pam and the Catawba Industrial team have built a profitable business by providing exceptional service to their diversified customer base. We are very excited to have them join our team.”

SBP Holdings accelerates business with industrial solutions by providing hose, rubber, belt, fluid power and automation products and services throughout North America.

More information can be provided by viewing www.sbpholdings.com, www.singerequities.com, http://catawbarubber.com

SBP Holdings Joins Forces With Mattson Distributing Company

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SBP Holdings Is Joining Forces With Mattson Distributing Company

 

August 1, 2022 — Dallas, Texas

 

On Monday August 1, 2022 SBP Holdings has joined forces with Mattson Distributing Company.  Mattson will operate within the Fluid Power & Automation Division of SBP Holdings.  With this addition SBP Holdings will increase its North America footprint to approximately 70 locations with over 1,000 employees.

 

Mattson Distribution, established in 1957 has been owned and operated by husband-and-wife team Gary and Susie Mattson.  The business operates from one location in Boise, Idaho.  Mattson sells and services a full line of industrial pressure washing equipment.  Mattson is the region’s leading expert in repair and clearly understands and responds to the urgency of customers’ requirements in several key markets including agriculture, construction, mobile equipment and in plant systems.  Gary and Susie will continue to manage the operation during the transition and plans are in place to expand the enterprise through organic growth and cooperation with other SBP Holdings companies. Gary Mattson said, “We have been proud to serve the Treasure Valley over the past 65 years and are extremely confident that this transition will benefit our customers as well as our employees by providing the same excellent sales and service while providing a stronger network and expanded offerings.”

 

SBP CEO Craig Osborne said, “We are truly excited about teaming up with and Gary and Susie and the Team at Mattson to grow our presence in the rapidly growing Boise market.  Fluid Power continues to be a large addressable market with tremendous opportunity for growth and there is no question we have a solid base and the ability to expand.”  SBP Fluid Power President Scott Wojciak added “Joining forces with Gary, Susie and the entire Mattson team improves our already strong position with Watts Steam Store and will drive further growth and innovation in the Boise Region creating more value for our employees, customers and stake holders.  We are really excited about what the future will bring.”

 

Watts Steam Store President Tracy Watts said, “We have a current relationship with Mattson and their team and customers, and we look forward to expanding that over time.”

 

SBP Holdings provides mission critical components, inspection and testing services, repairs and specialized rental activities throughout North America.  More information can be provided by viewing www.sbpholdings.com, www.singerequities.com, www.dakotafluidpower.com, www.wattssteamstore.com, www.hotsyidaho.com

Scott Wojciak Named SBP Fluid Power Division President

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May 3rd, 2022 – Dallas, Texas

SBP Holdings is pleased to announce the hiring of Scott Wojciak as President of the Fluid Power Division for SBP Holdings.  In his new role, Scott will become part of the senior leadership team of the company and will have responsibility for our current businesses within the fluid power space: Dakota Fluid Power, Kenco Hydraulics, Watts Steam and HydraFab.  Scott has been in the fluid power industry for nearly 30 years, most recently as Central Area Director for Kaman Fluid Power within Motion Industries. Scott was also part of BW Rogers as VP of Sales before it was acquired by Kaman.  He served in the US Army and earned a degree from University of Akron in Engineering.

“We are very excited to have Scott join the team.  With this addition, we look to rapidly accelerate our acquisition activities and organic growth within the Fluid Power space”, said Craig Osborne, President and CEO of SBP Holdings.

SBP Holdings provides mission-critical components, systems, inspection and testing services and repairs throughout North America.  More information can be provided by viewing www.sbpholdings.comwww.singerequities.comwww.dakotafluidpower.com.