Synflex: Sold to Eaton group

Synflex, the manufacturer of thermoplastic hoses and tubing, has been sold by parent group Saint-Gobain to Eaton, the US automotive supplier. Synflex has approximately 450 employees at three facilities in the US and a facility in Gembloux, Belgium. The Eaton group is already a major supplier of fluid connectors to automotive customers in North America and Europe. Craig Arnold, senior vice president and president of Eaton’s Fluid Power Group, said: “The acquisition of Synflex will provide Eaton with an expanded range of thermoplastic hose and tubing products for customers in a broad range of fluid conveyance applications, including the transportation, oil and gas, material handling, and utility industries.” Synflex is being sold by Saint-Gobain Performance Plastics for an undisclosed price. In 2005 its sales were about $120m.

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