Parker Hannifin Acquires Acofab SAS
Parker Hannifin Corporation, Cleveland, OH, has acquired Acofab SAS and its common majority shareholder Adecem SARL, a European supplier of electromagnetic interference (EMI) shielding and thermal management products. Revenues of the acquired business totaled $12.9 million (Euro 10.2 million) for the year ended December 2005.
Located in the Vert-Galant industrial area of Saint-Ouen l'Aumone (Val d'Oise) outside of Paris, Acofab employs 64 people in the production of highly engineered EMI shielding gaskets and accessories, conductive thermoplastics, thermal management materials, HF absorbers, dielectric materials and sealing gaskets. Major markets for the company include telecom, military and consumer ...