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

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

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows