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Hydraulic Hose and Assemblies will operate as a division of PRC Industrial Supply.
Jamie Czaplicki joined Cooper in April 2018 with the acquisition of City Electric, where he was Executive VP and CFO.
The company will be part of the Snap-Ons Repair Systems & Information Group.
Technical products sales decreased 5% during the quarter.
Net income was $13.4 million, compared to $11.5 million in the year-ago period.
The company reported daily sales up 6.1% versus a year ago.
For the first six months, sales were up 6.2% year-over-year.
Fourth-quarter sales decreased 6.5% year-over-year.
Sales for the first nine months of the fiscal year were up 7% year-over-year.
For the first nine months, sales were $133.9 billion, up 7.5% year-over-year.
Profit for the quarter was $477 million compared to a loss of $80 million in 2019.
Member sales, across 12 AD divisions in 9 industries, totaling $23 billion through the first six months of the year.
The increase was primarily driven by the benefit of acquisitions and organic growth in the Process Industries segment.
Peirce-Phelps will operate as a separate business of Carrier Enterprise, a joint venture between Watsco and Carrier Corp.
The company announced the sale of its distribution segment during the second quarter.
