Hydraulik-Ring sold to Hilite

Siemens VDO Automotive has sold its subsidiary Hydraulik-Ring to Cleveland, OH-based Hilite Industries.

Hilite has taken over the complete operations of the Hydraulik-Ring Group at the Limbach-Oberfrohna, Marktheidenfeld, Nürtingen and Seckach sites.

The purchase price of the transaction was not disclosed.

Hydraulik-Ring is a developer of hydraulic components for automotive powertrain applications. Hilite Industries manufactures components for the automotive industry, including brake control valves and electromagnetic clutches.