Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Parker Hannifin Acquires Sporlan Valve
Oct 11, 2004
 Printable format
 Email this Article
 Search

Parker Hannifin Corporation and Sporlan Valve Company have jointly announced that Parker has completed its acquisition of Sporlan, a leader in refrigeration and air conditioning components, controls and systems, for an undisclosed amount. The deal is expected to be accretive to earnings in the first full fiscal year.

Headquartered in Washington, MO, U.S., Sporlan operates seven manufacturing facilities and employs about 1,000 people. Annual revenues are approximately U.S. $150 million. Recognizing Sporlan's prominent position in the industry, Parker will make Sporlan a new division within Parker's Climate & Industrial Controls Group.

The companies said the acquisition is complementary, with Sporlan adding its leadership in the commercial refrigeration and aftermarket distribution segments of the market to Parker's existing presence in the air-conditioning segment. In addition, Parker believes Sporlan's experience in electronic control technologies now enables Parker to offer customers more precise cooling solutions that reduce energy consumption, provide system diagnostic capabilities, and deliver enhanced performance.

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows