Parker Hannifin buys Netherlands-based distributor

Cleveland, OH; Lummer, Netherlands—Parker Hannifin Corp. has acquired the hydraulic distribution and service assets of mobile hydraulics distributor Kuiken Hytrans BV, a subsidiary of Kuiken NV.


Cleveland, OH; Lummer, Netherlands— Parker Hannifin Corp. has acquired the hydraulic distribution and service assets of mobile hydraulics distributor Kuiken Hytrans BV, a subsidiary of Kuiken NV. Parks says the acquisition is expected to be accretive to earnings in 2005. Terms of the deal were not disclosed.

With 15 employees and approximately $6.3 million in annual revenues, Kuiken Hytrans specializes in the distribution and service of mobile hydraulic systems and components. It will be integrated with Parker Hannifin BV in the Netherlands, Parker Hannifin NV/SA in Belgium, and Parker Hannifin GmbH & Co KG in Germany, which are part of Parker's sales operations.

'We've enjoyed having Kuiken Hytrans as a long-time Parker distributor, and we’re very pleased to welcome the distribution and service activity into the Parker family,' said Ron Arthur, Parker's operations trading sub-north VP. 'Kuiken Hytrans is synonymous with quality, reliability and long- term partnerships. The acquisition will allow us to better serve our truck and mobile market customers in the three countries.'

Control Engineering Daily News Desk
Jim Montague, news editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
click me