Parker-Hannifin acquires Mitos Technologies

CLEVELAND, Ohio - Parker-Hannifin Corp. has acquired Phoenixville, Pa.-based Mitos Technologies Inc, which manufactures fluid-handling products and systems for the biotech industry.

Products made by Mitos are designed to meet the high-purity requirements of the biotech industry and include tubing and hose, valves, pumps and molded components. Mitos posted sales of USD5.5million last year and employs 40 at its headquarters in Phoenixville. Terms of the deal were notdisclosed.

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