Cleveland-based Parker Hannifin Corp. signed an agreement to acquire Velcon Filters LLC, Colorado Springs, Colo., from Sterling Group LP, a private equity firm. Velcon manufactures filtration equipment and replacement cartridges for industrial process filtration markets. Through its Twin Filter brand, Velcon manufactures and markets equipment and replacement cartridges for the oil, liquid and air filtration markets.
Parker Acquires Filter Maker
November 21, 2012