Eaton Completes Purchase of Synflex
Eaton completed its purchase of Synflex. Eaton announced plans on March 10 to purchase the business from Saint-Gobain Performance Plastics Corporation.
Synflex, which had 2005 sales of $121 million, makes thermoplastic hoses and tubing for a range of industries, including transportation, beverage dispensing, fluid power and specialty applications.
Eaton Corporation is a diversified industrial manufacturer with 2005 sales of $11.1 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 60,000 employees and sells products to customers in more than 125 countries.
Source: Eaton Corporation plc