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ParkOhio has completed its acquisition of hydraPower Dynamics Ltd. for $8 million in cash, marking its third deal of the year. Birmingham, England-based hydraPower is a manufacturer of fluid handling systems incorporating hoses, manipulated tubes and fabricated assemblies for the bus and truck, automotive, agricultural and construction end markets. The company will be included in ParkOhio’s assembly components segment from the date of acquisition. “The acquisition of hydraPower, our third of the year, provides a strategic opportunity to grow in new market segments for assembly components and supply technologies,” ParkOhio CEO Matthew V. Crawford said in a statement. Read about Ed Crawford's 50+ years of dealmaking at ParkOhio.