What MS Hydraulic does

M+S Hydraulic Plc. is a Bulgarian public limited company headquartered in Kazanlak, Bulgaria, that designs and manufactures hydraulic power transmission components for industrial machinery and vehicle OEMs. Founded in 1963 as a state enterprise servicing the Bulgarian construction industry, the company progressively specialized in hydraulic equipment from 1972 onward and is now a publicly listed entity on the Bulgarian Stock Exchange (ticker: MSH, ISIN: BG11MPKAAT18) with 39,445,200 ordinary shares outstanding. The company operates three wholly-owned subsidiaries: LIFAM HIDRAVLIKA D.O.O. (Serbia, acquired 2012, producing hydrostatic steering units and valves), M+S Hydraulic Power Transmission GmbH (Germany, established 2015, trading arm), and Oleotecnic Hydraulic Components SRL (Italy, trading arm).

The company's core product portfolio comprises four lines: (1) orbital motors (low-speed high-torque planetary hydraulic motors in both EURO and SAE mounting versions, with spool valve and disk valve configurations across medium and heavy duty variants); (2) hydrostatic steering units for vehicles up to 60 km/h (HKU, HKUS, HKUQ, HKUSD, UVM, XY, HSFA series); (3) motor/brake assemblies integrating motors with braking systems (B/MR, B/HR, RWB, MT/B, MTM/B, SW, TW series); and (4) axial piston motors and pumps (MAP, MAM, MA2V, PAP series) for open-loop circuits in agricultural, road building, mining, food industry, and special vehicle applications. Manufacturing is differentiated by vacuum furnace heat treatment technology powered solely by electricity and nitrogen — eliminating quenching oil, methanol, natural gas, and cleaning chemicals — and by laser cutting integration that reduced metal consumption per unit by 42%.

The business model is a B2B hardware manufacturer that sells exclusively through a global network of authorized distributors and dealers covering Europe, North America, South America, Asia, Africa, and Australia, with 30+ named distribution partners. Pricing is not publicly disclosed and is negotiated on a quote basis through the distributor channel. End-customer segments span agricultural machinery, road building equipment, mining machinery, food industry machines, construction equipment, material handling, and special vehicles. The company is certified under ISO 9001:2015 (the first Bulgarian company certified under ISO 9001, originally in 1995), ISO 14001:2015, ISO 45001:2018, and ISO/IEC 27001:2022.

Name

MS Hydraulic

Legal name

M+S Hydraulic Plc.

Website

https://ms-hydraulic.com

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

M+S Hydraulic Plc. is a Bulgarian public manufacturer of hydraulic power transmission components — LSHT planetary hydraulic motors, hydrostatic steering units, motor/brake assemblies, and axial piston motors and pumps — serving industrial machinery and vehicle OEMs globally through a distributor network and owned trading subsidiaries in Germany and Italy.

Ownership category

akta.pro rank

Product category

Hydraulic Components

NAICS

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

SIC

Pumps & Pumping Equipment (3561), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Hydraulic Components (Pumps, Motors, Cylinders) (IMAHAGAA)

akta.pro secondary industries

Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB), Hydraulic Brake Systems (Master Cylinders/Calipers/Lines/Boosters) (IMACAIAD)

Keywords

• Hydraulic motors
• Hydrostatic steering units
• Hydraulic power transmission
• Axial piston pumps
• Orbital motors

Headquarters

HQ city

Kazanlak

HQ country

Bulgaria

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hydraulic Component Manufacturing and Sales: M+S Hydraulic generates revenue primarily through the manufacture and sale of hydraulic motors, steering units, motor/brake assemblies, axial piston motors and pumps, and accessories. Products are sold globally through authorized distributors and the company's own trading subsidiaries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

M+S Hydraulic manufactures hydraulic power transmission components, including low speed high torque (LSHT) planetary hydraulic motors, hydrostatic steering units for vehicles up to 60 km/h, hydraulic power packs, axial piston motors and pumps (fixed and variable displacement), and motor/brake assemblies. The portfolio also covers supporting accessories such as hydraulic brakes, valves, and steering columns, sold under both EURO and SAE mounting standards.

Product overview

MS Hydraulic is a manufacturer of hydraulic power transmission components consisting of four main product lines: Orbital Motors (low speed high torque planetary hydraulic motors available in both EURO and SAE mounting versions, with spool valve and disk valve configurations for medium and heavy duty applications), Steering Units (hydrostatic steering units including HKU, HKUS, HKUM, HKUQ, HKUSD, UVM, XY, and HSFA series for vehicles up to 60 km/h), Motor/Brake Assemblies (B/MR, B/HR, RWB, MT/B, MTM/B, SW, TW series integrating motors with braking systems), and Axial Piston Motors and Pumps (both fixed and variable displacement options including MAP, MAM, MA2V, and PAP series). The portfolio is supported by a comprehensive Accessories line covering hydraulic brakes, valves, steering valves, and steering columns. The company serves industrial machinery, agricultural equipment, construction machinery, mining, and special vehicle applications through a global distributor network.

Differentiator

Problem solved

Functional benefit

Products and services

• Orbital Motors (EURO Version) Low speed high torque planetary hydraulic motors built to EURO mounting standards, available in spool valve and disk valve configurations with medium duty and heavy duty variants for industrial applications.
• Orbital Motors (SAE Version) Low speed high torque planetary hydraulic motors built to SAE mounting standards, available in spool valve and disk valve configurations with medium duty and heavy duty variants for industrial applications.
• Hydrostatic Steering Units Hydrostatic steering units for vehicles operating up to 60 km/h, covering HKU, HKUS, HKUM, HKUQ, HKUSD, UVM, XY, and HSFA series for varied speed and application requirements.
• Motor/Brake Assemblies Hydraulic motors integrated with braking systems, including B/MR, B/HR, RWB, MT/B, MTM/B, SW, and TW series for vehicles requiring motor braking functionality.
• Axial Piston Motors (Fixed Displacement) Fixed displacement axial piston motors including MAP series (22-100 cc) for heavy duty and MAM series (20-50 cc) for medium duty applications.
• Axial Piston Motors (Variable Displacement) Variable displacement axial piston motors including the MA2V series for medium duty applications with adjustable output.
• Axial Piston Pumps (Fixed Displacement) Fixed displacement axial piston pumps including PAP series (22-62 cc/rev) for open loop circuits in agricultural, road building, mining, and food industry machines, featuring low noise, low pulsation, and long service life.
• Axial Piston Pumps (Variable Displacement) Variable displacement axial piston pumps for applications requiring adjustable flow output.
• Hydraulic Accessories Supporting hydraulic components including hydraulic brakes (LB/288, LBS/289-290, LBV/289-290, LBS/314-315, LBV/314-315, LBS/313-316, B...R, B...T, B130K), valves (KP, KPB, KPW), steering valves (BKH, PR), and steering columns (KK(F), KKM).

Quantifiable outcome

• 42% reduction in metal consumption per product unit (from 0.56 kg to 0.33 kg per item, annually ~162,400 kg vs 270,700 kg)
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• M+S Hydraulic Power Transmission GmbH (Germany)coreStrategic or Co-development Partner · 1 January 2015In 2015, M+S Hydraulic established a wholly-owned subsidiary trading company M+S Hydraulic Power Transmission GmbH, based in Langen, Germany. This subsidiary serves as the company's owned trading entity for the European market.
• LIFAM HIDRAVLIKA D.O.O. (Serbia)coreStrategic or Co-development Partner · 1 January 2012In 2012, M+S Hydraulic acquired ownership of Serbian production company LIFAM HIDRAVLIKA D.O.O. The Serbian company specializes in the production of hydrostatic steering units and valves, complementing M+S Hydraulic's product portfolio.
• OLEOTECNO Hydraulic Components Srl (Italy)coreChannel Partner/ Reseller/ DistributorOLEOTECNO Hydraulic Components Srl is a trading subsidiary of M+S Hydraulic located in Nichelino (TO), Italy. It functions as the company's owned distribution entity in Italy.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Danfoss Power Solutions: Danfoss Power Solutions is one of the world's largest manufacturers of hydraulic components including motors, pumps, steering units and valves. It directly competes with M+S in LSHT motors, axial piston products and steering units, serving the same mobile machinery OEMs globally.
• Continental Hydraulics: Continental Hydraulics manufactures hydraulic pumps, motors, valves and power units for industrial and mobile applications. It is comparable to M+S in product scope and customer base, with particular overlap in hydraulic power units and piston pumps.
• Poclain Hydraulics: Poclain Hydraulics is a French specialist in low-speed high-torque hydraulic motors, closely aligned with M+S's flagship LSHT planetary motor range. It serves the same mobile machinery OEM customers and competes on similar performance/durability attributes.
• Bosch Rexroth: Bosch Rexroth is the global market leader in industrial hydraulics, offering hydraulic motors, pumps, cylinders, valves and steering systems. It overlaps with M+S's full product catalogue and serves identical customer segments in construction, agricultural and material handling machinery.
• Parker Hannifin: Parker Hannifin's Motion & Control Products segment manufactures hydraulic motors, pumps, valves and steering components for mobile and industrial equipment. It competes directly with M+S in LSHT orbital motors and piston pumps sold through global distribution.
• Eaton: Eaton's Industrial sector produces hydraulic pumps, motors, valves and steering systems for mobile machinery. It is a direct competitor to M+S in hydraulic power transmission components for construction, agriculture and specialty vehicles.
• Casappa: Casappa is an Italian manufacturer of hydraulic gear pumps, motors and power units. It is comparable to M+S in product portfolio (hydraulic motors, pumps and power packs) and serves overlapping European mobile and industrial machinery customers.

Broad incumbents

• Hydac International: Hydac is a major manufacturer of hydraulic accumulators, filters, valves, cylinders and cooling systems. While broader in scope, it overlaps with M+S in hydraulic accessories and complementary components sold through similar industrial distribution channels.
• Kawasaki Precision Machinery: Kawasaki Precision Machinery manufactures hydraulic pumps, motors and valves, primarily for excavators and construction equipment. It competes with M+S in axial piston pumps and motors for heavy-duty mobile machinery applications.
• Atos: Atos is an Italian manufacturer of hydraulic valves, directional controls and servo systems. While broader in valve/servo offerings, it overlaps with M+S's accessories and steering unit categories and serves similar European mobile machinery OEMs.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCPuxpzVZ7HRpeNvtOt5m71g
• Xx.com/ms_hydraulic
• LinkedInlinkedin.com/company/m-s-hydraulic-plc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about MS Hydraulic