M&A Deal Summary

Parker Hannifin Acquires DSM Nylaflow

On June 30, 1999, Parker Hannifin acquired plastics company DSM Nylaflow from DSM Engineering Plastics

Acquisition Highlights
  • This is Parker Hannifin’s 1st transaction in the Plastics sector.
  • This is Parker Hannifin’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 1999-06-30
Target DSM Nylaflow
Sector Plastics
Buyer(s) Parker Hannifin
Sellers(s) DSM Engineering Plastics
Deal Type Divestiture

Target

DSM Nylaflow

Amelo, Netherlands
Nylaflow main products include a variety of thermoplastic hose and tubing for industrial, construction and truck customers, primarily in Europe.

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Buyer(S) 1

Buyer

Parker Hannifin

Cleveland, Ohio, United States

Category Company
Founded 1917
Sector Machinery
Employees61,120
Revenue 19.9B USD (2024)
DESCRIPTION
Parker Hannifin's corporate headquarters in Cleveland, Ohio.
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 2 of 75
Sector: Plastics M&A 1 of 3
Type: Divestiture M&A Deals 2 of 22
Country: Netherlands M&A 1 of 2
Year: 1999 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-27 Fluid Power Systems

Lincolnshire, Illinois, United States

Fluid Power Systems, is a manufacturer of hydraulic valves and electro-hydraulic systems and controls for the construction, aerial reach and agricultural markets. FPS focuses on providing systems solutions to original equipment manufacturers of mobile equipment worldwide. Fluid Power Systems operates in three locations: Lincolnshire, Illinois, Butler, Wisconsin and Dewsbury, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-29 Avantech

Big Spring, Texas, United States

Avantech Corp., designs and manufactures electronic controls and systems for the construction, rescue equipment, aerial reach, and municipality markets.

Buy -

Seller(S) 1

SELLER

DSM Engineering Plastics

Heerlen, Netherlands

Category Company
Sector Plastics
Employees1,500
DESCRIPTION

DSM Engineering Plastics is one of the suppliers of quality engineering thermoplastics providing customer value through sustainable solutions that reflect the DSM People, Planet and Profit strategy.


DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-07 Nylon Polymer Company

Augusta,, Georgia, United States

Nylon Polymer Company LLC manufactures caprolactam, polymer, and compounded products.

Buy -