DRIV-LOK acquires the assets of Hanel Corporation

DRIV-LOK , a recognized leader in fastening strategies and products, has acquired the assets of Hanel Corporation, a manufacturer of precision hydraulic components. The official announcement was made on June 27, 2022. The move to acquire Hanel began last year, as DRIV-LOK explored opportunities to grow their business and serve new industries.“We saw the acquisition as a great opportunity to expand our capabilities and enter new markets. Hanel Corporation’s reputation for exceptional customer service and quality, and their technology platform and capabilities, fit well with our culture and goals, and will help us achieveour long-term vision as a leader in the metal manufacturing industry.” – Joanne Devick, DRIVLOK President & CEOHanel offers extensive machining capabilities including CNC Milling Centers & […]