CLEVELAND (Jan. 31)—Parker Hannifin Corp. completed its acquisition of Stainless Connections Pty. Ltd. in New South Wales, Australia, and its sister company Stainless Connections Ltd. in Auckland, New Zealand, for an undisclosed amount. Stainless, a producer of steel fittings and adapters for mobile and industrial markets, posts $1.2 million in annual sales. Stainless will become part of Parker´s Fluid Connectors Group.
Parker acquires Australian fittings producer
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