September 4, 2008 - Modern Distribution Management

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September 4, 2008

Baldor Electric Buys Poulies Maska

Finance, Free, Mergers & Acquisitions, News, Power Transmission/Motion Control/Fluid Power, Subscriber Only, Top Distributor Sectors /

Baldor Electric Company, Fort Smith, AR, a manufacturer of industrial electric motors, power transmission products, drives and generators, has acquired Poulies Maska, Inc., Ste-Claire, Quebec.
 
Maska, a manufacturer of sheaves, bushings, couplings and related mechanical power transmission components, will increase Baldor’s presence in the power transmission market with its complementary products, said John McFarland, CEO of Baldor. Additionally, the acquisition provides Baldor with a second plant in China to support international …

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Parker Hannifin Buys German Manufacturer

Companies, Finance, Free, Mergers & Acquisitions, News, Subscriber Only /

Parker Hannifin Corp., Cleveland, OH, a manufacturer of motion and control technologies, has acquired Lingk &Sturzebecher of Stuhr, Germany, a manufacturer of light weight carbon fiber high pressure cylinders and actuators including those based on composite technologies, for aerospace, mobile and industrial markets.

This composite material technology will enable Parker to develop hydraulic components with significantly reduced energy burden for the power systems of machines equipped with hydraulics.
 
Terms of the transaction were not disclosed. In the fiscal year ended Dec. 31, 2007, L&S achieved 7.6 million euros (approximately US$11.2 million) in sales.
 
L&S will become part of the global operations of Parker’s hydraulic technology business. It will …

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