Maxbar was established in 1998 to import and distribute an array of quick-connect couplings from the German global leader in the research, development and manufacturing of high-quality coupling products.  The Company sells to a broad variety of industries including oil and gas, metals processing, automotive, chemicals, medical, aerospace, paper and general industrial.  A primary focus of the Company is supplying couplings for subsea control systems which require the automation, precision and rigor of their product line.

 

Pictured from left to right: Will Lees, Founder of Maxbar (Seller), Joe Coffaro, President @ Anchor Fluid Power (Buyer).

 

The Buyer, Anchor Fluid Power, based in Cincinnati, with locations in Houston and Canada, is an ISO 9001:2015, AS 9100C:2009 and ISO 14001:2015 registered company and offers high quality products that provide solutions for hydraulic connection requirements.

 

"The acquisition will help to strengthen both companies and allow us to penetrate new markets," said Joe Coffaro, President of Anchor Fluid Power. "By integrating our resources, we will be able to improve customer service levels and delivery times to our customers throughout North America. We're very excited to be partnering with the team at Maxbar and introducing Walther-Präzision solutions to a larger marketplace."

 

Will Lees, the founder of Maxbar, is pleased that a company with the resources and outstanding personnel of Anchor Fluid Power will be continuing to provide the high quality products and service that have been the foundation of Maxbar's success.  After a short transition period, Mr. Lees will be retiring.