Manuli Ryco S.p.A.
Manuli Ryco S.p.A. is a privately held multinational formed in 2020 from the merger of Italy's Manuli Rubber Industries (1935) and Australia's RYCO Hydraulics (1946), designing, manufacturing, and distributing hydraulic hoses, fittings, and fluid transfer solutions and operating a 24/7 mobile hose-replacement service network across 40+ countries for industrial, agricultural, marine, and automotive customers.
- Company typePrivate
- Founded1935
- HeadquartersMilan, Italy
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Manuli Ryco S.p.A. does
Manuli Ryco S.p.A. is a privately held multinational corporation formed in February 2020 through the combination of Italy's Manuli Rubber Industries (founded Milan, 1935) and Australia's RYCO Hydraulics (founded Melbourne, 1946). The group designs, manufactures, and distributes high-pressure hydraulic hoses, fittings, couplings, industrial hoses, and assembly equipment, and operates a global service network for fluid transfer solutions across more than 40 countries and all continents. It is organized into three divisions — Manufacturing (Manuli Hydraulics brand), Wholesale (RYCO Hydraulics brand), and Service (Fluiconnecto brand and the 24/7 RYCO24·7 emergency/mobile hose replacement network) — with Techmaflex adding workshop equipment.
The company's product technology centers on reinforced rubber and metal fluid-transmission components, with a deliberate harmonization of hoses, fittings, and assembly equipment across the Manuli and RYCO ranges so that assemblies are validated as an integrated system. Manufacturing operates from facilities including a new 51%-owned joint-venture plant in Andhra Pradesh, India (with Labha Global, formed April 2026), alongside headquarters in Milan and a regional headquarters in Melbourne.
Revenue is generated through four streams: hardware sales of manufactured hoses and fittings (Manuli Hydraulics, RYCO Hydraulics), hardware sales of workshop equipment (Techmaflex), wholesale distribution to dealer and OEM channels, and professional services including 24/7 mobile hose replacement, Hydroshop trade-counter retail, and maintenance contracts delivered through Fluiconnecto. Distribution combines direct enterprise sales, a global distributor/wholesale network, physical Hydroshop storefronts, a mobile service fleet in the UK/Australia/New Zealand, and a brand-operated online store. Customer segments span industrial/manufacturing, agriculture, marine, automotive/oleodynamic, and aftermarket maintenance, with no named anchor customers disclosed. The group is led by President and CEO Dardanio Manuli, is family-controlled through the Manuli family, and has won the Deloitte Best Managed Companies Award six consecutive years through 2025.
Manuli Ryco S.p.A. firmographics
Firmographics- Name
- Manuli Ryco S.p.A.
- Legal name
- Manuli Ryco S.p.A.
- Website
- https://manuliryco.com
- Company type
- Private
- Founded year
- 1935
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Manuli Ryco S.p.A. is a privately held multinational formed in 2020 from the merger of Italy's Manuli Rubber Industries (1935) and Australia's RYCO Hydraulics (1946), designing, manufacturing, and distributing hydraulic hoses, fittings, and fluid transfer solutions and operating a 24/7 mobile hose-replacement service network across 40+ countries for industrial, agricultural, marine, and automotive customers.
- Ownership category
- akta.pro rank
Manuli Ryco S.p.A. industry classification
Industry- Product category
- Industrial Hydraulic Equipment
- NAICS
- Rubber and Plastics Hoses and Belting Manufacturing (326220), Other General Purpose Machinery Manufacturing (3339)
- SIC
- Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH)
- akta.pro secondary industries
- Industrial Hoses & Tubing (Rubber/Elastomer) (IMANALAA), Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI), Hydraulic Components (Pumps, Motors, Cylinders) (IMAHAGAA)
Keywords
Where Manuli Ryco S.p.A. is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices4 records
Markets served
Manuli Ryco S.p.A. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Manufacturing and Wholesale - Manuli Hydraulics: Design, manufacture, and wholesale distribution of high-pressure hydraulic hoses, fittings, and assembly equipment
- Fluiconnecto Service Division: Maintenance services, product distribution, and 24/7 mobile hose replacement services through global network of trade counters and mobile service fleet
- RYCO Hydraulics Products: Design, manufacturing, and distribution of hydraulic hoses, couplings, industrial hoses, and assembly equipment
- Techmaflex Equipment: Design, manufacture, and supply of workshop equipment
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Manuli Ryco S.p.A. product offering
Product offeringCore offering
Manuli Ryco designs, manufactures, and distributes hydraulic hoses, fittings, couplings, industrial hoses, and assembly equipment through its Manuli Hydraulics, RYCO Hydraulics, and Techmaflex brands. Through its Fluiconnecto service division, it provides 24/7 mobile hose replacement, trade counter services, and maintenance across global markets from OEM to end-users.
Product overview
Manuli Ryco S.p.A. is a multinational corporation established in 1935 that operates through three divisions offering a comprehensive portfolio of hydraulic and industrial fluid transfer solutions. The company operates a global network of innovation centers, production plants, and service facilities across all continents. The Manufacturing Division encompasses Manuli Hydraulics (hoses, fittings, assembly equipment) and Techmaflex (workshop equipment). The Service Division includes Fluiconnecto and RYCO24•7 brands providing maintenance, mobile hose replacement, and 24/7 emergency services through trade counters and service networks. RYCO Hydraulics serves as a core product brand offering hydraulic hoses, couplings, industrial hoses, and assembly equipment. The company also maintains a network of subsidiaries including operations in India through the Manuli Ryco Labha Private Limited joint venture, acquired companies across UK (GB Hoses, Hydraulink UK, Cardiff Hydraulics, MF Hydraulics, Mend-A-Hose), Australia (BL Shipway, Gerrard Hydraulics), and New Zealand (82°c Hose & Fittings).
Differentiator
Problem solved
Functional benefit
Brands
- Manuli Hydraulics: Complete range of hoses, fittings, and assembly equipment designed to work seamlessly together. Manufacturing and wholesale operations.
- RYCO Hydraulics
- Fluiconnecto
- Techmaflex
- RYCO24•7
Products and services
- Manuli Hydraulics
- RYCO Hydraulics
- Fluiconnecto Service Network
- Techmaflex Workshop Equipment
- RYCO24·7 Emergency Service
Quantifiable outcome
- Combined sales approaching €500 million / $AUD820 million
- +1 more outcomes
Companies that use Manuli Ryco S.p.A.
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles3 records
Manuli Ryco S.p.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Manuli Ryco S.p.A. partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- BL Shipway & Co Pty LtdminorFluiconnecto Ryco Australia Pty Ltd acquired the whole business of BL Shipway & Co, a South Australian hydraulics and pneumatics company established since 1953 and a proud Distributor of Ryco products for over 50 years. The business will carry under the name 'Fluiconnecto B.L. Shipway Pty Ltd' with Todd Shipway retaining a minority stake and leading the growth.
- Labha Global (formerly Labha Automobiles)coreManuli Ryco owns 51% of the joint venture 'Manuli Ryco Labha Private Limited' (subject to regulatory approvals), with Labha Global holding 49%. The JV focuses on manufacturing hydraulic and industrial hoses through a hose plant located in Andhra Pradesh (district of Krishna), India. This partnership combines technical and local expertise to expand and modernize hose manufacturing for the Indian market with high-quality products through a world-class facility.
- Hydraulink LimitedminorFluiconnecto UK Ltd acquired the whole business of Hydraulink Limited, a leading provider of 24/7 Service On-Site mobile hose replacement operating in Scotland since 2013. The acquisition includes customer base and operating assets, with the trade counter in Glasgow continuing to offer hydraulic and pneumatic solutions.
- Gerrard HydraulicsminorFluiconnecto Ryco Australia Pty Ltd acquired the assets of Gerrard Hydraulics, resulting in expanded service and product offerings for customers throughout Australia. The acquisition allows Fluiconnecto to strengthen presence in the Western Australian market with Simon Tarrant continuing as Managing Director.
- GB Hoses LimitedminorFluiconnecto UK Ltd acquired GB Hoses Limited, a leading provider of 24/7 emergency mobile hose replacement operating in the North-West region of England since 2000. The company operates a trade counter in the Greater Manchester area and a national mobile service fleet.
- MF HydraulicsminorFluiconnecto completed the acquisition of MF Hydraulics, a service company operating in the south of England through three Hydroshops. This aligns with the strategic objective of building a retail network within the UK market.
- Mend A Hose Hydraulics (MAH)minorFluiconnecto Holdings B.V. acquired Mend A Hose Hydraulics, established in Yorkshire in 1988, one of the UK's largest independent mobile on-site hydraulic hose replacement companies. Operates 24/7 nationwide mobile hose replacement service with Hydroshops in Castleford, Birstall, Warrington, and Coventry.
- 82°c Hose & FittingsminorManuli Ryco acquired the assets of 82°c Hose & Fittings in New Zealand. Following an eight-year period as SOS Vans Service franchisee, the company becomes fully integrated with the RYCO organization to expand service reach with 18 service points in North and South Island providing 24/7 breakdown service.
- RYCO Hydraulics Pty LtdcoreManuli Rubber Industries SpA completed acquisition of majority shareholding in RYCO Hydraulics, merging Manuli Hydraulics and Fluiconnecto divisions with RYCO to create a combined business leader in the global hydraulic hose and fittings industry. MRI CEO Dardanio Manuli and RYCO CEO Leigh Morrison lead the combined organization with over 4,500 employees and combined sales approaching €500 million.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
Manuli Ryco S.p.A. competitors and assessment
Company assessmentDirect peers
- Continental AG (ContiTech): Industrial rubber and hose business (ContiTech) competes directly with Manuli Ryco in hydraulic and industrial hoses, rubber compounds, and fluid transfer components across OEM and aftermarket channels.
- Gates Industrial Corporation: Direct competitor in industrial and hydraulic hoses, fittings, and fluid transfer solutions for industrial, automotive, and energy markets. Closely comparable product portfolio to Manuli Hydraulics and RYCO Hydraulics.
- Trelleborg AB: Polymer engineering specialist with significant hydraulic and industrial hose product lines that compete directly with Manuli Ryco in fluid transfer solutions for marine, oil & gas, and industrial markets.
- Parker Hannifin: Operates the global Winchester Industrial Fluid Connectors and hose product lines that directly compete with Manuli Ryco's hose and fittings offerings in industrial, mobile, and aerospace fluid power applications.
- Kuriyama of America: Manufacturer and distributor of industrial hoses, fittings, and fluid transfer products with a similar go-to-market model (manufacturing + distribution) competing against Manuli Hydraulics and RYCO Hydraulics across multiple geographies.
- Sumitomo Riko Company: Japanese manufacturer of industrial hoses, rubber products, and fluid transfer components serving automotive, industrial, and infrastructure markets with product scope directly comparable to Manuli Ryco.
Broad incumbents
- Bosch Rexroth: Major hydraulics and fluid power incumbent with pumps, valves, cylinders, and integrated systems that compete with Manuli Ryco's hydraulic components, particularly in industrial and mobile equipment applications.
- Danfoss: Hydraulics and motion control incumbent with extensive hose, fitting, valve, and pump offerings competing in the same industrial and mobile equipment end markets as Manuli Ryco, with a much larger global scale.
- Roper Technologies (industrial hose portfolio): Diversified industrial technology company that owns fluid handling and industrial hose businesses (e.g., legacy brands in process and industrial fluid transfer), with overlapping product and customer set compared to Manuli Ryco.
- Eaton: Broad fluid power incumbent with hydraulic hose, fittings, and motion control products across industrial, vehicle, and aerospace markets. Overlaps with Manuli Ryco's hose and fittings portfolio but operates at much greater scale with a wider product breadth.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Manuli Ryco S.p.A. social profiles
Digital presenceManuli Ryco S.p.A. compliance and trust
Trust signalCompliance2 records
Manuli Ryco S.p.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Manuli Ryco S.p.A. leadership team
Management profileNumber of profiles
Profiles1 record
Manuli Ryco S.p.A. subsidiaries and ownership
Company hierarchySubsidiaries12 records
Manuli Ryco S.p.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Manuli Ryco S.p.A. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Manuli Ryco S.p.A.
What does Manuli Ryco S.p.A. do?
Manuli Ryco designs, manufactures, and distributes hydraulic hoses, fittings, couplings, industrial hoses, and assembly equipment through its Manuli Hydraulics, RYCO Hydraulics, and Techmaflex brands. Through its Fluiconnecto service division, it provides 24/7 mobile hose replacement, trade counter services, and maintenance across global markets from OEM to end-users.
Is Manuli Ryco S.p.A. a public or private company?
Manuli Ryco S.p.A. is a private company. It is classified as family owned and is currently operating.
When was Manuli Ryco S.p.A. founded?
Manuli Ryco S.p.A. was founded in 1935. It employs 1,001 to 5,000 people.
Where is Manuli Ryco S.p.A. based?
Manuli Ryco S.p.A. is headquartered in Milan, Italy, in the Europe region.
How does Manuli Ryco S.p.A. make money?
Four revenue lines are on record. Manufacturing and Wholesale - Manuli Hydraulics are the primary driver. The others are fluiconnecto Service Division, RYCO Hydraulics Products and techmaflex Equipment.
Who are Manuli Ryco S.p.A.'s main competitors?
Direct peers on record are Continental AG (ContiTech), Gates Industrial Corporation, Trelleborg AB, Parker Hannifin, Kuriyama of America and Sumitomo Riko Company. Broad incumbents are Bosch Rexroth, Danfoss, Roper Technologies (industrial hose portfolio) and Eaton.
Does Manuli Ryco S.p.A. have an API?
No public API is recorded for Manuli Ryco S.p.A..
What industry is Manuli Ryco S.p.A. in?
Manuli Ryco S.p.A.'s product category is Industrial Hydraulic Equipment. Its primary akta.pro industry code is IMAHAGAH, Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors), with a secondary code of IMANALAA, Industrial Hoses & Tubing (Rubber/Elastomer). Its NAICS code is 326220 and its SIC code is 3050.