The company "Duplomatic" was established in 1952 in Busto Arsizio (VA) Italy thanks to the development of an innovative copying system: the hydraulic copying unit. In those years these devices appeared to be revolutionary and they contributed to the evolution of the machine tool sector.
At the beginning of the '70s the company started to produce and sell hydraulic components and systems, which were immediately welcomed by the industry sector. Even the small hydraulic systems supplied with the copying units became more and more sophisticated, thus allowing the Company to rank, for a long time, in the first place of the hydraulic systems design market.
During the following years, on the basis of a multiannual program for the product updating, the whole hydraulic range was renewed and completed by adding new components such as proportional valves.
In January 2008 the company was taken over by the Private Equity AXA Fund, holding the 85% of the shares, while the remaining 15% was taken by the company management. In 2011 it has been acquired in the U.S.A., Continental Hydraulics, a company well established in the stars and stripes hydraulics market.
After five years of successful activity and the achievement of ambitious targets, from April 2013 and March 2017 the Company's major shareholder became the Fund Progressio SGR. During this period Duplomatic Oleodinamica has become an international corporation through the acquistion of Hidrux, Italian company with expertise in the designing and production of big size hydraulic systems; the opening of the new facility in Shanghai (China); the acquisition of OCS, Italian company for hydraulic cylinders production; Eurosei, Italian company dedicated to electric actuators designing and production; and Tecnologie Industriali, another Italian company specialized in hydraulic systems for off-shore and oil&gas sectors.
At present, the majority share of our Group, previously held by Progressio sgr, is now owned by Alcedo sgr, Private Equity Fund deeply interested in investing in our growth project.
Alcedo will support DUPLOMATIC MOTION SOLUTIONS group in its geographic and commercial expansion strategies, involving both internal lines and further strategic acquisitions in Italy and abroad.