Products, people performance, expertise and passion are the underlying strengths of the business as is the ability to listen to the needs and requirements of its customers whilst embracing change for the benefit of all stakeholders. HYQUIP’s executive board has a clear vision that spans the next 10 years. This includes both organic and acquisitive growth known as its 2025 VISION. The distribution and engineering business is built on a foundation of market leading brands and products, technical support and service delivery with limited geographical and industry boundaries to ensure long term sustainable profits and investment. Knowledge is POWER – Motion, Force & Control is its business.
HYQUIP turnover is in the region of £4 million per annum and it holds premier distribution status for many of its product lines; namely, Bosch Rexroth, Hydac, Carr Lane, Roemheld, Enerpac, Heypac and miniBooster. The engineering division continues to grow on the back of distribution, adding value through design, system build, installation, commissioning, service, troubleshooting, repairs and refurbishment works.
For HYQUIP to become an established and leading UK & European brand.
To build a profitable ‘distribution’ and ‘engineering’ company based on quality products, people expertise and service delivery with the ultimate aim of becoming best in sector with a reputation for outstanding customer service.
Achieve profitable and sustainable sales in the region of £4 million per annum by 2015, £6 million by 2020 and £10 million by 2025.
ACQUISITIVE GROWTH, STRATEGIC ALLIANCES & DIVERSIFICATION
To explore acquisition opportunities, strategic alliances and related areas of diversification with a view to strengthening the HYQUIP brand and achieving a profitable and sustainable turnover in excess of £10 million per annum by 2025.
To ensure long term financial stability for all stakeholders by maintaining a strong balance sheet and continued investment in working capital.
Specific short, medium and long term objectives, goals and KPIs to be agreed and regularly reviewed with management, sales and operational teams by holding regular meetings which focus on HYQUIP’s 2025 Vision. The outcome of which will be clear objectives, goals and action plans.