Eaton Corp. to acquire Turkish hose maker

ERJ staff report (CCB)

Cleveland, Ohio РEaton Corp. has agreed to acquire Polimer Kaṳuk 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.

“The planned acquisition of Polimer Kauçuk will significantly broaden Eaton’s portfolio of hose products,” Alexander M….

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