From Hansa-Flex Hydraulik GmbH Hansa-Flex Ltd

With the entry in the commercial register Hansa-Flex trades as (non-listed) AG. Europe's leading providers of fluid technology contributes to the change of the corporate form of the huge growth of the past years. In June 2006 Germany had 162 offices, today it 192. Worldwide, the number of branches increased from 285 on currently 355. The number of FLeXXPress vehicles has doubled in the last four years almost.

In 2009 the company integrated two daughters Hansa-Flex GmbH Boffzen metal hoses and K + S Hydraulics GmbH fully in the Hansa-Flex Hydraulik GmbH, creating a clearer corporate structure. This step could also simplifies internal processes, and thus costs can be saved. With the construction of the second distribution center in Geisenfeld, which started its operations this year, the organic growth of the group will also be taken into account.

The new corporate form known as a "family company", whose shares are held by the families Armerding and Bushman. The aim of this step is to streamline inter alia, the internal structures to ensure employees use even more efficient way. Thus the operating business works for the benefit of the customers efficiently. "With the conversion to the Hansa-Flex Ltd we are also strengthening the central leadership of the entire group. Corporate Form AG makes our claim clearly, to offer our customers the best services and giving us the opportunity to develop their activities in the future even more efficient," says CEO Thomas Armerding.