Concentric AB is a Swedish company that specializes in the design, production, and marketing of hydraulic pumps, power packs, and other hydraulic components for customers in the automotive, construction, and agricultural industries. The company has a long and storied history dating back to 1920 when it was known as Haldex. In 2011, Haldex split into two separate companies, with one focusing on hydraulic solutions, and it was named Concentric AB.

Headquartered in Skånes Fagerhult, Sweden, Concentric AB operates globally through its wide network of manufacturing plants, sales offices, and distribution centers. The company has manufacturing facilities in countries including China, India, Germany, the United States, and Argentina, allowing it to serve customers worldwide efficiently. This global presence enables Concentric AB to stay connected with its customers and adapt to regional demands.

Concentric AB's main products include single and multi-stage gear pumps, piston pumps, and motor/pump combinations. These components are used in a variety of applications, such as construction machinery, agricultural machinery, and vehicles used in material handling and mining. The company's products are known for their high reliability, efficiency, and precision, making them sought after by industry professionals.

Concentric AB has several noteworthy subsidiaries, joint ventures, and partnerships. For instance, the company has a joint venture with the Chinese company Hengli for manufacturing hydraulic components for the Chinese market. Additionally, Concentric AB has partnered with various original equipment manufacturers (OEMs) to supply them with hydraulic components tailored to their specific requirements.

In terms of market position, Concentric AB is a prominent player in the hydraulic systems industry. The company's global sales reach billions of SEK annually. It competes with other major players such as Parker Hannifin, Eaton Corporation, and Bosch Rexroth AG.

Concentric AB distinguishes itself by its focus on advanced engineering solutions and its strong commitment to innovation. Recent years have seen Concentric AB achieve significant milestones and adopt new strategies for growth. In 2018, the company acquired Innovator Industrial Services, expanding its operations in the hydraulic oil cleaning market.

Moreover, Concentric AB has been actively investing in research and development to develop new products and solutions that cater to evolving customer needs and market trends, such as electrification and digitalization. As of the most recent updates available, Concentric AB continues to strengthen its position as a global leader in hydraulic solutions. With its solid product portfolio and commitment to innovation, the company remains well-positioned to capitalize on opportunities in the expanding market