BLOOMFIELD, Conn.—Kaman Corp.'s distribution segment acquired Western Fluid Components, Inc., a full-time distributor for the Parker Hannifin Corp.'s fluid connector group.
Terms of the sale were not disclosed.
Western, founded in 1975, is one of the largest fluid connector distributors in the state of Washington. Its line includes hydraulic, pneumatic and industrial hose, tubing, fittings and related accessories. It has annual sales of $11 million and provides hydraulic and industrial hose assemblies, custom kits and other services through its four Parker Stores retail locations. Customers include those in industries such as marine, wood, aerospace, agriculture and mobile equipment.
Kaman President Steven Smidler said the acquisition of Western advances the company's strategy to build a strong fluid power position.
This marks Kamen's third acquisition this year. In May, Kaman acquired Northwest Hose & Fittings Inc., another authorized hose distributor of Parker based in Washington. Earlier in August, the company acquired Ohio Gear & Transmission Inc. in Eastlake, Ohio. Kaman, a distributor of industrial parts, was founded in 1945 and is headquartered in Bloomfield, Conn.
Neil Keating, chairman, president and CEO of Kaman, said this is the third acquisition of a Parker distributor since the company formalized its relationship with Parker in 2011, making them the company's primary fluid power supplier.
The acquisition of Western grows Kaman's Parker store network to 17.