Divestiture Aug 2020 Verified
RLS Ends Exclusive Partnership with Parker Hannifin
RLS, a Marmon Holdings subsidiary, ended its exclusive supply agreement with Parker Hannifin for the ZoomLock brand.
“However, RLS recently decided not to renew its exclusive partnership with Parker. This decision was made, in part, because RLS believes discounted pricing provided to Parker was not passed along to customers as intended.”
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Refrigeration Sentiment: Neutral
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