December 5, 2018-Houston, Texas — SBP Holdings completes acquisition of Dakota Fluid Power on December 3, 2018. The Dakota Fluid Power operation forms the Fluid Power vertical for SBP Holdings in addition to Industrial Rubber vertical with Singer Equities and Rigging & Rental vertical with Bishop Lifting Products.
Dakota Fluid Power established in 1991 by President, Rick Lindemann, and his partner and Vice President, Mike Nelson, is headquartered in Sioux Falls, SD and has grown to 13 locations and 197 associates in the upper Midwest U.S. with operations in North and South Dakota, Nebraska, Minnesota and Wisconsin. The Dakota Fluid Power organization provides hydraulic and pneumatic components and machinery along with service and repairs through it operations and subsidiaries Prairie Truck Equipment, Midway Machining, Engineered Products, Y2K Filtration, OEM Manufacturing and ASI Hydraulics. DFP is the region’s leading hydraulic expert in a variety of industries notably agriculture, on and off highway construction, municipalities, utilities, waste, food processing, wind energy, mining and oil and gas. Lindemann and Nelson will continue to manage the DFP operation and expand the enterprise through acquisition and organic means.
SBP Holdings provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets at 76 locations throughout North America. More information can be provided by viewing www.sbpholdings.com, www.singerequities.com, www.lifting.com, www.dakotafluidpower.com.