Click image to enlarge

(Cleveland, Ohio) /PRNewswire-FirstCall/ -- Parker Hannifin (NYSE:PH) has acquired Detroit Plasticos e Metais S/A of Sao Paulo, Brazil, a manufacturer of high performance fittings, valves, manifolds, and thermoplastic tubing.

Detroit's products are used throughout Latin America in oil and gas, petrochemical, pulp and paper, mining, transportation, steel, construction and agricultural markets. The company employs 210 people and its sales in fiscal year 2007 were approximately $17 million.

The acquired company will become part of Parker's Fluid Connectors business in Brazil with future sales reported as part of the Industrial International segment. Terms of the deal were not disclosed.

"The acquisition of Detroit Plasticos e Metais strengthens Parker's position as the number one supplier of instrumentation and connector products in Brazil," said Ricardo Machado, President of Latin American Group

With annual sales exceeding $12 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets.

For more information about Parker Hannifin visit http://www.parker.com.