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News Breaks | | | | October 8, 2012 | | 08:31 EDT |  | PH | Parker-Hannifin completes sale of automotive air conditioning business Parker Hannifin announced that it has completed its previously announced transaction to sell the automotive air conditioning portion of its Mobile Climate Systems Division to ContiTech AG of Hanover, Germany. Terms of the transaction were not disclosed. The business is part of the Climate and Industrial Controls segment and has annual sales of approximately $140M and 1,000 employees. This transaction does not include the Parker portion of the business that sells these same products for air conditioning applications or hose products in the heavy truck, agricultural, and construction equipment end markets. | |
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News For PH From The Last 14 Days Check below for free stories on PH the last two weeks. |
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| June 18, 2013 | | 08:10 EDT |  | PH | Parker-Hannifin's Parker Aerospace partners with Rolls-Royce
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