ASSOFLUID is the Italian association of manufacturing and trading companies in fluid power equipment and components. Its headquarters are in Cinisello Balsamo (MI). In the 50s, some companies in the sectors started to work together. In 1962, CETOP - European Oil Hydraulic and Pneumatic Committee, was formed. Approximately six years later, in February 1968, these companies decided to unite founding ASSOFLUID. In more than forty years of activity, the Association has grown significantly going from the 13 founding members to the present membership of 195 companies. These companies represent 70% of the Italian market and employ approximately more than 14,000 people. In 2019, Assofluid joined hands with Assiot and became a federation, named Federtec, to jointly promote and coordinate their respective sectors' activities. For more information on Federtec click here.