Parker Hannifin Acquires Biotech Firm
Parker Hannifin Corp. announced the acquisition of Mitos Technologies
Inc. Mitos manufactures fluid-handling products and systems designed to meet
the high purity requirements of the biotech industry, including tubing and
hose, valves, pumps and molded components.
Mitos had revenues of $5.5 million in 2006 and employs about 40 people at its headquarters in Phoenixville, PA. Terms of the deal were not disclosed.
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