Legris Information

Content related to Parker Fluid and Gas Handling technologies including Legris product brand can be found via the following links: https://www.linkedin.com/showcase/fluid-&-gas-handling/ and on our Parker Hannifin page https://www.linkedin.com/company/parker-hannifin/ CLEVELAND, Oct. 1 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH), the world leader in motion and control technology, today announced that it has acquired three companies whose total sales for their most recently reported fiscal years approaches one half billion dollars. Parker is remaining focused on executing its plans for growth throughout the current economic turbulence. "We continue to maintain our long-term focus on growth and positioning Parker for sustained financial performance,"​ said Don Washkewicz, Chairman, Chief Executive Officer and President. "The acquisitions we have announced today bring us new technologies and market opportunities. They also signal an ongoing commitment to our growth strategy, managing our assets conservatively, and making appropriate use of strong cash flows."​ Parker's acquisitions announced today include: Expanded pneumatic and hydraulic capability in Europe Legris SA, headquartered in Rennes, France, is a leading manufacturer of fluid circuit components and systems for pneumatic, hydraulic, and chemical processing applications. These products are typically used in the automotive process, transportation, agricultural machinery, food processing, construction and shipbuilding industries. In 2007, Legris recorded revenues of 233 million euros (approximately $340 million). The company has approximately 1,800 employees, 10 production facilities, and a global network of 25 international sales offices.