Enerpac Tool Group

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Industrial tool company

title: "Enerpac Tool Group" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["companies-listed-on-the-new-york-stock-exchange", "companies-based-in-wisconsin", "conglomerate-companies-of-the-united-states"] description: "Industrial tool company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Enerpac_Tool_Group" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Industrial tool company ::

::data[format=table title="Infobox company|"]

FieldValue
nameEnerpac Tool Group Corp.
logoEnerpacLogo2.png
former_nameActuant Corporation
typePublic
traded_as(Class A)
S&P 600 component
foundation
foundersLeo Bethke, Frank Lueck, Charles Krause
locationMenomonee Falls, Wisconsin, U.S.
area_servedWorldwide
key_peoplePaul Sternlieb (CEO, president)
revenue$571M (cite FY22 annual report: Annual Reports: Enerpac Tool Group Corp. (EPAC))
operating_incomeUS$ .138 billion (2016)
equityUS$ .673 billion (2016)
assetsUS$ 1.5 billion (2018)
num_employees2,300 (2019)
industryIndustrial Tools
::

| name = Enerpac Tool Group Corp. | logo = EnerpacLogo2.png | former_name = Actuant Corporation | type = Public | traded_as = (Class A) S&P 600 component | foundation = | founders = Leo Bethke, Frank Lueck, Charles Krause | location = Menomonee Falls, Wisconsin, U.S. | area_served = Worldwide | key_people = Paul Sternlieb (CEO, president) | revenue = $571M (cite FY22 annual report: Annual Reports: Enerpac Tool Group Corp. (EPAC)) | operating_income = US$ .138 billion (2016) | equity = US$ .673 billion (2016) | assets = US$ 1.5 billion (2018) | num_employees = 2,300 (2019) | industry = Industrial Tools | homepage =

Enerpac Tool Group Corp., formerly Actuant Corporation, was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.

History

Enerpac was founded in 1958 under the name Applied Power.

Applied Power made its initial public offering and began trading on NASDAQ in 1987. The following year, Applied Power acquired Gardner Bender from Gardner family

In 1989, Applied Power acquired Barry Wright Corporation

In 2000, the company announced the spin-off of its electronics business segment, doing business as AWP, Ltd.

In 2005, Actuant acquired Hedley Purvis and Hydratight Sweeney - initiating the Joint Integrity platform.

In 2010, historian John Gurda authored “The Drive To Lead”, a history of Actuant that celebrated the company's 100th anniversary.

In 2013, the company acquired Viking Sea Tech

In 2015, Hayes Industries, Ltd was acquired for nearly 31 million US dollars. Hayes Industries, Ltd. and Precision Sure-Lock are combined to form Precision-Hayes International.

In 2016, Randy Baker becomes President and CEO of Actuant Corporation That same year, Larzep SA and FourQuest MENAC were acquired.

In 2017, Actuant acquired Mirage Machines and sold Viking SeaTech.

The company acquired Equalizer International for $5.8 million in May 2018.

The company changed its name from Actuant to Enerpac Tool Group in 2019. Following the name change in October of that year, the company began trading under a new stock ticker symbol, EPAC. In 2019, Enerpac also sold its engineered components and systems segment to One Rock Capital, who renamed the division CentroMotion.

In 2020, Enerpac Tool Group acquires controlled bolting sales and rental company HTL Group, UK

In 2021, Enerpac Tool Group announced Paul Sternlieb as the CEO and President

In 2025, Enerpac Tool Group moved their headquarters to Milwaukee, Wisconsin.

Enerpac

Enerpac is a business is a division of Enerpac Tool Group (NYSE: EPAC) a $1.5 billion diversified global manufacturing company of industrial tools, and is headquartered in Milwaukee, Wisconsin. Enerpac operates in the high-pressure hydraulics market with locations in worldwide. The business has over 30 offices in 22 different countries and over 1,000 employees. Enerpac manufactures high-pressure hydraulic equipment such as controlled bolting tools and portable machine equipment, to the international market. The business focuses on the design of products, from small cylinders to computer-operated lifting & positioning systems.

Historian John Gurda authored "The Drive To Lead," a history of Actuant, that highlights important events in Enerpac's history.

Power-Packer

Power-Packer is a Netherlands-based producer and distributor of electro-hydraulic motion control systems for customers on a global basis, and is part of the CentroMotion organization. Their market includes original equipment manufacturers and suppliers in different markets, such as automotive, medical, commercial vehicles and others. Power-Packer has headquarters in the Netherlands and the United States, and manufacturing plants in those countries as well as Turkey, France, Mexico, Brazil, China and India. Power-Packer specializes in solutions for motion control.

Awards and recognition

  • The Robert W. Baird Outstanding Achievement Award in Employee Giving
  • Forbes 400 Best Big Companies
  • BusinessWeek Top 100 "Hot Growth Company"
  • Investor's Business Daily: "Actuant Corp. Milwaukee, Wisconsin; Manufacturer is a switch-hitter on growth"
  • Investor's Business Daily: "Actuant Seeks Out Niches To Make it Big Fish in Pond"
  • Milwaukee Business Journal: "Andy Lampereur named CFO of the Year"

References

References

  1. "2016 Form 10-K, Actuant Corporation". [[Actuant Corporation]].
  2. "Actuant to sell its electrical business".
  3. (1989-06-01). "FIRM MAKES HOSTILE BID FOR BARRY WRIGHT".
  4. Serant, Claire. (23 May 2000). "Applied Power to acquire Ericsson shelter enclosure businesses".
  5. "The History of Hydratight". Hydratight.com.
  6. (2010-10-15). "Did You Know?: Historian completes book about Actuant". BizTimes.
  7. "Actuant Completes Acquisition of Viking SeaTech in Aberdeen, Scotland". The Motley Fool.
  8. "Actuant Purchases Hayes Industries, Ltd".
  9. (2019-01-04). "General Technologies, Inc. acquired Precision-Hayes International Inc. from Actuant Corporation for $23.6 million". MarketScreener.
  10. Barrow, Olivia. (13 May 2016). "Actuant CEO adapts to new role at diverse company: Randy Baker".
  11. Barrow, Olivia. (30 March 2016). "Actuant acquires pipeline company in Middle East and Africa".
  12. Dill, Molly. (2017-12-01). "Actuant completes $12 million Viking sale to Acteon Group".
  13. (2018-05-16). "Actuant Corporation acquired Equalizer International Ltd for $5.8 million". MarketScreener.
  14. Thomas, Arthur. (2019-09-23). "Enerpac brand reborn in Actuant name change, CEO says".
  15. Thomas, Arthur. (2019-11-04). "Former Enerpac division renamed CentroMotion after One Rock completes acquisition".
  16. Anderegg, Brandon. (2020-01-16). "Enerpac acquires $17 million manufacturer based in England".
  17. (2024-12-09). "Paul Sternlieb — Wisconsin 275 Most Influential Business Leaders".
  18. Turpin, Hunter. (2025-05-13). "Enerpac unveils new downtown Milwaukee headquarters".
  19. "''Bloomberg Business Week''". Enerpac Corp..
  20. "''Business Wire''". Enerpac Unit Plays Key Role in Erecting San Francisco Bay Bridge.
  21. "Enerpac Homepage". Enerpac Company Website.
  22. "The Drive to Lead". A Centennial History of the Actuant Corporation.
  23. "About".
  24. "THE ROBERT W. BAIRD OUTSTANDING ACHIEVEMENT AWARD IN".
  25. (2008-12-22). "Forbes: 400 Best Big Companies".
  26. "Actuant Corporation Named to Business Week's List of 100 "Hot Growth Companies"". Business Week.
  27. Schmeiser, Lisa. "ACTUANT CORP. Milwaukee, Wisconsin; Manufacturer Is A Switch-Hitter On Growth". Investor's Business Daily.
  28. Harlin, Kevin. "Actuant Seeks Out Niches To Make It Big Fish In Pond". Investor's Business Daily.
  29. "CFO of the Year Award Winners Named". Milwaukee Business Journal.

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