Hine Group

What Hine Group does

Hine Group (legal entity: HINE, S.A.) is a privately held Spanish corporation founded in 1974 and headquartered in Olaberria, Gipuzkoa. The company designs, engineers, and manufactures hydraulic systems, hydraulic components, and cooling systems for industrial and renewable energy customers, with its primary served vertical being wind power, followed by concentrated solar power (CSP), heavy industrial applications, and—more recently—green hydrogen infrastructure. Its portfolio spans integrated hydraulic systems, accumulators, valves, motors, pumps, cylinders, filtration, hoses, and wind-specific tooling (pitch/yaw/rotor brake kits, generator/gearbox cooling), plus large components (gearboxes, generators, main shafts, transformers, converters, MV switchgear). The company also distributes products from Parker Hannifin, Eaton, Filtration Group, Kawasaki, Danfoss, Bucher, and others.

HINE operates a global manufacturing and distribution network with 7-9 production plants in 5-7 countries across 5 continents (Spain, USA, China, Brazil, India, and Poland from 2024), supported by sales offices in Mexico, Shanghai, and additional Brazilian locations. Its revenue model combines hardware sales of systems and components with high-margin aftermarket services, including spare parts distribution, component repair (proportional valves, cylinders, motor-pumps, accumulators, HPUs, electronic cards), on-site technical assistance and field engineer training, and upgrade/retrofit programs. Distribution is direct and enterprise-led, with dedicated account management and engineering collaboration from project inception through installation and lifecycle support. The company reports cumulative installed base figures of 85,000 wind turbines, 200,000 accumulators, 255,000+ pitch blocks, 38 CSP plants (3,374 MW), 30,000+ hydraulic power units for solar, and 70,000 cylinders for solar applications, with 80% of output exported.

The company is controlled by founding ownership/management with no disclosed private equity or public market participation. M&A has been a meaningful inorganic growth lever, with acquisitions including Hidrasa (2006), BP Hydraulics UK (2008), Alpesa (2012), Pinilla (2020), and Geowind (2022), a wind energy services firm with strong presence in Europe, Mexico, and the USA.

Name

Hine Group

Legal name

HINE, S.A.

Website

https://hinegroup.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

51–100 employees

Short description

Hine Group is a Spanish designer and manufacturer of hydraulic systems, components, and cooling solutions primarily serving wind turbine OEMs and operators, with additional exposure to concentrated solar power, heavy industrial, and emerging hydrogen applications, operating 7-9 production plants across five continents.

Ownership category

akta.pro rank

Product category

Industrial Hydraulic Systems and Components

NAICS

Fluid Power Pump and Motor Manufacturing (333996), Pump and Compressor Manufacturing (33391)

SIC

Pumps & Pumping Equipment (3561), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB)

akta.pro secondary industries

Hydraulic Components (Pumps, Motors, Cylinders) (IMAHAGAA), Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH), Refrigeration Components & Controls (Compressors, Valves, Sensors) (IMAHAKAH)

Keywords

• Hydraulic systems manufacturing
• Wind turbine hydraulics
• Industrial hydraulic components
• Renewable energy solutions
• Hydraulic cooling systems

Headquarters

HQ city

Olaberría

HQ country

Spain

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Hydraulic Systems and Components Sales: Design, development, manufacturing and distribution of hydraulic systems, hydraulic components, and cooling systems. Products include accumulators, valves, motors, pumps, filters, cylinders, and connectors for industrial and renewable energy applications.
2. Repair Services: Comprehensive repair programs for hydraulic components outside warranty including proportional valves, hydraulic cylinders, motor-pumps, blocks, bladder accumulators, hydraulic power units, electronic cards, and hydraulic systems.
3. Technical Assistance and Training: On-site technical services and training sessions for customer field engineers covering product training, problem solving, consulting, and field services.
4. Upgrade Programs and Retrofits: Custom upgrade kits and retrofit solutions to improve hydraulic solutions, extend equipment lifespan, and enhance performance of existing systems.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels7 records

Core offering

HINE designs, engineers and manufactures hydraulic solutions for industrial and renewable energy applications. Its portfolio includes integrated hydraulic systems, hydraulic components (pumps, valves, motors, accumulators, filters, cylinders, hoses, fittings), cooling systems, wind tools, large components (generators, gearboxes, transformers, converters), and green hydrogen solutions. The company also delivers repair, technical assistance, training, and upgrade/retrofit services, supported by 7 production plants across 5 countries.

Product overview

Hine Group is a leading global supplier of hydraulic systems, hydraulic components, cooling systems, and wind tools for industrial and renewable energy applications. Founded in 1974, the company operates a multi-product portfolio organized around core hydraulic systems and components (including pumps, valves, motors, accumulators, filters, cylinders, hoses, and fittings), large components (generators, gearboxes, transformers, converters, main shafts, medium voltage switchgear), cooling systems for wind turbines, and specialized wind tools. The portfolio is complemented by comprehensive services including spare parts and consumables distribution, repair services, technical assistance and training, and upgrade programs and retrofits. Hine Group also distributes Parker Hannifin and Filtration Group products, and has expanded into hydrogen solutions. The company serves wind power, solar power, industrial, and hydrogen sectors, with 7 production sites across 5 countries (Spain, USA, Brazil, India, China) and a network of partners including Eaton, Parker, Kawasaki, WEG, Danfoss, and other hydraulic component leaders.

Differentiator

Problem solved

Functional benefit

Brands

• Geowind: Wind energy services company acquired by HINE Group in 2022, providing products for wind turbine operation and maintenance with strong market penetration in Europe, Mexico and USA
• HINE RENOVABLES
• Hine Cilindros
• Ecoparts

Products and services

• Hydraulic Systems

Quantifiable outcome

• 85,000 wind turbines equipped with HINE hydraulic systems worldwide
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Basque Government - HAZITEK ProgramcoreStrategic or Co-development Partner · 1 January 2025Government R&D support program providing funding for HINE's innovation projects. Supported by the Basque Government's Department of Economic Development, Sustainability and Environment and the European Union (FEDER).
• TecnaliacoreStrategic or Co-development Partner · 1 January 2017International research center collaboration for testing and developing hydraulic solutions. Tecnalia is a leading Basque research center supporting HINE's innovation initiatives.
• IkerlancoreStrategic or Co-development Partner · 1 January 2017Research partnership for hydraulic technology development and testing. Ikerlan is an internationally recognized research center.
• LortekcoreStrategic or Co-development Partner · 1 January 2017Research alliance for joint development of hydraulic solutions and testing capabilities.
• WINDBOX (Cluster Energía)minorStrategic or Co-development Partner · 1 January 2017Participation in WINDBOX cluster initiative supporting collaborative innovation in wind energy sector.
• Parker HannifincoreTechnology or IntegrationWorld leader in motion and control technologies. HINE collaborates with Parker for hydraulic components and is a certified distributor of Parker Instrumentation products for hydrogen applications.
• EatoncoreTechnology or IntegrationGlobal power management company. HINE is the Eaton Warranty Center for EATON-VICKERS pumps.
• Filtration GroupcoreChannel Partner/ Reseller/ DistributorIndustrial filtration solutions provider. HINE distributes Filtration Group products including automatic filters and industrial filtration systems.
• RickmeierminorChannel Partner/ Reseller/ DistributorGerman manufacturer of pumps and components. HINE distributes Rickmeier products.
• BarksdaleminorChannel Partner/ Reseller/ DistributorPressure and temperature switches. HINE distributes Barksdale products.
• TrafagminorChannel Partner/ Reseller/ DistributorPressure and temperature sensors. HINE distributes Trafag products.
• HydrollminorChannel Partner/ Reseller/ DistributorFinnish hydraulic components manufacturer. HINE distributes Hydroll products.
• FLKminorChannel Partner/ Reseller/ DistributorGerman filtration products. HINE distributes FLK products.

Scale indicators14 records

Recent moves16 records

Direct peers

• Atos (hydraulics): Italian manufacturer of proportional hydraulic valves and systems, used in industrial, machine tool and renewable applications. HINE lists Atos as an enterprise customer for industrial filtration systems, evidencing overlapping end-markets and product adjacencies.
• HYDAC: Manufacturer of hydraulic accumulators, filters, valves, sensors and fluid conditioning systems with strong global footprint. Comparable to HINE's accumulators, filtration and hydraulic components business, particularly in wind and heavy industrial applications.
• Bucher Hydraulics: Swiss manufacturer of hydraulic systems, pumps, motors, valves and cylinders for industrial and renewable applications. Closely comparable to HINE in product mix and customer segments, including wind, mobile, materials handling and industrial hydraulics.
• WEBER-HYDRAULIK: Austrian/German specialist in hydraulic cylinders, power units and customized hydraulic solutions for renewables, industrial and marine markets. Comparable to HINE's hydraulic cylinder and systems business, particularly in wind pitch and energy applications.
• HAWE Hydraulik: German manufacturer of hydraulic power units, valves, pumps and electronic controls for industrial, renewable and mobile applications. Direct peer to HINE in compact hydraulic power systems, pitch/yaw and custom hydraulic solutions.
• Moog: Designer and manufacturer of high-performance motion control products including hydraulic pitch and yaw systems for wind turbines. Closely comparable to HINE in wind hydraulic systems and electrohydraulic servocontrol for renewable energy OEMs.

Broad incumbents

• Eaton: Global power management company with a significant hydraulics business (formerly Vickers). HINE is the Eaton Warranty Center for EATON-VICKERS pumps, evidencing overlapping hydraulic pump and system offerings and customer base.
• Parker Hannifin: World leader in motion and control technologies, including hydraulic pumps, valves, motors, accumulators, filtration and connectors. HINE is a Parker distributor, indicating overlapping product lines, customer base and global service footprint in industrial and renewable hydraulics.
• Bosch Rexroth: Global market leader in hydraulic systems, components and motion control with deep presence in wind pitch, yaw and hydraulics. Direct comparability to HINE in wind, industrial and mobile hydraulics, but at vastly larger scale and broader portfolio.
• Danfoss Power Solutions: Global supplier of hydraulic components, systems and electronic controls for mobile and industrial machinery. HINE distributes Danfoss products, indicating overlapping portfolios and customer overlap in hydraulics for industrial and renewable energy applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/Hine_Group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hine Group