The divestment will have a positive effect on the operating result for the Swedish manufacturer in the fourth quarter.
Latest In Power Transmission/Motion Control/Fluid Power
The acquisition will form SBPs foundation in the fluid power repair and services industry.
Fourth-quarter sales increased 3.7 percent year-over-year.
Senior VP and CIO Ellen Holladay receives 2018 Wendy B. MacDonald Award
Distributor reports strong fiscal first quarter, citing double-digit acquisition-related growth.
Mobile Industries up 9.8 percent compared with the same period a year ago.
Hal Midkiff to help grow Process Pumps & Equipment business as product sales manager, company says.
Automotive Group sees 23 percent sales increase while Industrial Groups sales rise 8 percent.
HSC will operate within Motions Conveyance Solutions Group.
Fourth-quarter sales of $301 million reflect strength in companys industrial and energy segments.
Distributor named to Business Journal list of largest privately held companies in Silicon Valley for eighth straight year.
New location will support the North Georgia area.
Company reports strong fourth quarter and full year ended June 30, boosted by FCX acquisition.
Strong second quarter driven by favorable industrial markets globally.
Swedish manufacturer agrees to sell business to Triton in cash deal.
