Parker purchases Mead Fluid Dynamics’ subsidiary

Parker Hannifin Corp. reports that it has acquired the assets of Mead Fluid Dynamics Ltd., the European subsidiary of Chicago-based Mead Fluid Dynamics Inc., for an undisclosed sum. Located in the U.K., Mead Fluid Dynamics Ltd. has annual revenues of approximately $3 million. It designs and assembles pneumatic components and control systems for the transportation and proces...

By Staff July 1, 2004

Parker Hannifin Corp. reports that it has acquired the assets of Mead Fluid Dynamics Ltd., the European subsidiary of Chicago-based Mead Fluid Dynamics Inc., for an undisclosed sum.

Located in the U.K., Mead Fluid Dynamics Ltd. has annual revenues of approximately $3 million. It designs and assembles pneumatic components and control systems for the transportation and process control markets. The business will be integrated into Parker’s Automation Group. The current operation will be transferred to Parker’s Pneumatic Division Europe located in Cannock, U.K.