Eaton To Buy Saint-Gobain Hose Business

Posted on March 10, 2006

Eaton Corp. said it has agreed to buy a unit of Saint-Gobain Performance Plastics Corp., a maker of thermoplastic hoses and tubing for a range of industries including fluid power. Terms of the deal, expected to close by the end of March, were not disclosed.

The business unit, Synflex, had sales last year of about $120 million and serves transportation, fluid power and specialty applications markets, among others.