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  5. Parker Hannifin Acquires Detroit Plásticos e Metais S/A

M&A Deal Summary

Parker Hannifin Acquires Detroit Plásticos e Metais S/A

On December 1, 2008, Parker Hannifin acquired manufacturer Detroit Plásticos e Metais S/A

Acquisition Highlights
  • This is Parker Hannifin’s 29th transaction in the Manufacturing sector.
  • This is Parker Hannifin’s 1st transaction in Brazil.

M&A Deal Summary
Date 2008-12-01
Target Detroit Plásticos e Metais S/A
Sector Manufacturing
Buyer(s) Parker Hannifin
Deal Type Add-on Acquisition

Target

Detroit Plásticos e Metais S/A

Sao Paulo, Brazil
Detroit Plásticos e Metais S/A, a manufacturer of high performance fittings, valves, manifolds, and thermoplastic tubing. Detroit's products are used throughout Latin America in oil and gas, petrochemical, pulp and paper, mining, transportation, steel, construction and agricultural markets.

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Buyer(S) 1

Buyer

Parker Hannifin

Cleveland, Ohio, United States
Category Company
Founded 1917
Sector Machinery
Employees50,520
Revenue 19.9B USD (2024)
DESCRIPTION
Entrance to Parker Hannifin's corporate headquarters in Cleveland, Ohio.
Entrance to Parker Hannifin's corporate headquarters in Cleveland, Ohio.

Parker-Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. Parker Hannifin was formed in 1917 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 53 of 73
Sector (Manufacturing) 29 of 38
Type (Add-on Acquisition) 35 of 51
Country (Brazil) 1 of 2
Year (2008) 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-04 Matrx Medical

Versailles, Ohio, United States

Matrx Medical, Inc., provides medical equipment services in digital flowmeters, manifold systems, standard analog flowmeters and breathing circuits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-01 ISR

Liberty Lake, Washington, United States

ISR uses its innovative technology, SprayCool, to revolutionize how electronics are packaged, powered and cooled. It is the leading technology that is enabling the development and delivery of electronic system solutions for problems with heat, noise, space and reliability. ISR, Inc. is a privately held corporation headquartered near Spokane, Wash.

Buy -
Mergr

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