Parker Hannifin
has acquired the Herl Company, a privately held manufacturer of industrial refrigeration valves and controls.
Herl will become part of Parker's Climate & Industrial Controls Group, which provides refrigeration and air conditioning components, controls and systems. Terms of the deal were not disclosed.
With one location in
"This is a complementary acquisition and helps Parker globalise its industrial refrigeration business, with Herl adding its solid position in Europe to Parker's leading position in North America," said Lynn Cortright, President of Parker's Climate & Industrial Controls Group.
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I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...