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It will position Parker as of the largest global industrial filtration businesses and significantly expand aftermarket capabilities and offerings.
It involves two new distribution centers that span nearly 1 million square feet and the expansion of another.
The company promoted its former customer service leader and longtime Codale veteran as its new president.
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Despite strong growth in order values, the number of units ordered continues to grow at a slower pace.
EMCO founder Edward Polen will retire upon completion of the transaction.
SupplyOne expands its footprint and bolsters its digital printing capabilities.
This is the second acquisition for Shorehill Capital-owned Ascent Lifting this year and its fourth overall since its 2022 founding.
Strong sales continued in July-September, during which the company completed another acquisition before two more in October-November.
Two new Central Distribution Centers will support QED’s transition to a centralized logistics model.
