Enerpac Tool Group Corp. operates primarily through its Industrial Tools & Services segment, offering a comprehensive portfolio of hydraulic cylinders, pumps, torque tools, lifting systems, and related accessories. The company's products are critical for applications requiring the safe and precise movement, lifting, clamping, and tightening of heavy equipment. With a global footprint spanning the Americas, Europe, the Middle East, Africa, and Asia Pacific, Enerpac distributes its products through a network of approximately 1,400 distributor partners as well as direct sales and service channels. Originally founded in 1910 as American Grinder and Manufacturing, the company evolved through its predecessor Applied Power and later Actuant Corporation before rebranding to Enerpac Tool Group in 2019 to focus purely on its core industrial tools business.