Parker Hannifin Corporation has acquired Resistoflex Aerospace, a division of the Crane Company. Terms of the deal were not disclosed.
Parker Hannifin Corporation announced yesterday that it has acquired Resistoflex Aerospace, a division of the Crane Company.
The business produces fluid connectivity and conveyance products for the aerospace industry and had sales of $16 million in 2005. Terms of the deal were not disclosed.
Based in Jacksonville, Florida, Resistoflex Aerospace was founded in 1936 and has 84 employees. The company, which invented PTFE extruded hose, also produces tubes and swaged fittings, including hydraulic beam seal fittings for aircraft and engine applications, and Nutlok, a separable fluid connector requiring no lockwire.
Resistoflex Aerospace will be integrated into Parker Aerospace’s Stratoflex Products Division, headquartered in Fort Worth, Texas
, which designs and manufactures fluid conveyance systems and products, including PTFE, rubber and metal hoses; hose assemblies; hose fittings; and rigid tube assemblies.