Merger and incorporation of Galtech SpA and MTC into Hydrocontrol SpA

To all our customers,

We are pleased to inform you that as of December 9th, 2013, we completed the merger by incorporation, of Galtech SpA and MTC into Hydrocontrol SpA. All companies are part of the Interpump Group.

This merger increases our presence on the market, broadens our product range and confirms us as a world leader in the fluid power industry.

With 5 manufacturing plants around the world and a sales organization across 5 continents, we are confident we can better meet your needs in terms of support and service.

In the weeks to come, we will send you further communications about administrative and commercial details, in order to help you work with the new company.

Feel free to contact us anytime, we remain at your complete disposal about any questions you may have.

Best regards.

Maurice Malo, General manager of Galtech Canada Inc.

Alberto Gallinari, CEO of Galtech SpA