Parker Hannifin Corp has acquired John Fowler (India) Private Ltd’s filtration business. Based in Bangalore, India, the John Fowler filtration business manufactures air, fuel and hydraulic filters for transportation and industrial applications. The acquired business has annual sales of approximately US$4 million and employs 50 people. “The acquisition of the John Fowler filtration business allows us to expand our base business and end market exposure in a strategically important growth market in India, ” said Peter Popoff, president of Parker’s Filtration Group. “This acquisition also adds local manufacturing, product breadth, an experienced team, and strong distribution and OEM customer relationships. ” Source: filtsep
Source:
http://www.filtsep.com/view/26972/parker-acquires-indian-filter-manufacturer/
