ERJ staff report (CCB)
Cleveland, Ohio – Eaton Corp. has agreed to acquire Polimer KauÃ§uk Sanayi ve Pazarlama A.S., a Turkish manufacturer of hydraulic and industrial hose.
Eaton said the acquired company’s headquarters are located near Istanbul and many of its products are sold globally under the SEL Hose brand name. The company’s primary markets include construction, mining, agriculture, oil and gas, manufacturing, food and beverage, and chemicals. Terms were not disclosed.
â€œThe planned acquisition of Polimer KauÃ§uk will significantly broaden Eaton’s portfolio of hose products,â€ Alexander M….