Interpump: Serial acquirer with niche hydraulics leadership at 20% discount

Current Price

€36.06

Unrealized P&L

+9.8%

Entry Zone

€32.84

Target

€45.00

+37.0% upside

Stop Loss

€25.00

Catalyst

Trading within entry zone

Time Horizon

52 weeks

Investment Thesis

Interpump Group is the global leader in high-pressure piston pumps and hydraulic components, operating through a serial acquisition model that targets niche leaders. Quality score: 8/10. OEM switching costs, niche leadership positions, and the compounding acquisition playbook create a durable moat. Fair value base case: 45 EUR (bear: 30, bull: 62). Entry zone: 28-35 EUR. Entered at 32.84 EUR within the target entry zone.