Parker Hannifin Corporation
announced yesterday that it has acquired
Resistoflex Aerospace, a division of the Crane Company.
The business produces fluid connectivity and conveyance products for the aerospace industry and had sales of $16 million in 2005. Terms of the deal were not disclosed.
Based in
Resistoflex Aerospace will be integrated into Parker Aerospace's Stratoflex Products Division, headquartered in
, which designs and manufactures fluid conveyance systems and products, including PTFE, rubber and metal hoses; hose assemblies; hose fittings; and rigid tube assemblies.
Oxa launches autonomous Ford E-Transit for van and minibus modes
I'd like to know where these are operating in the UK. The report is notably light on this. I wonder why?