Parker Hannifin acquires hose & fittings business of PIX Transmissions (India)

Parker Hannifin acquired the hydraulics manufacturing division of PIX Transmissions Ltd. of Nagpur, India, which makes hose and fittings used in markets including HVAC. The business has ~$13M annual sales; terms were not disclosed.

“Parker Hannifin Corp. announced that it has acquired the hydraulics manufacturing division of PIX Transmissions Ltd., Nagpur, India.”

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