Parker Hannifin completes acquisition of Sporlan Valve

Parker Hannifin Corp. completed its acquisition of Sporlan Valve Co., making Sporlan a new division within Parker's Climate and Industrial Controls Group. Sporlan operated seven plants, ~1,000 employees, and ~$150 million in annual revenue.

“WASHINGTON, Mo. - Parker Hannifin Corp. and Sporlan Valve Co. jointly announced Parker has completed its acquisition of Sporlan. The deal is expected to be accretive to earnings in the first full fiscal year.”

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