Parker Hannifin buys Brazilian hydraulic filter maker

Based in Sao Paulo, Brazil. HDA makes hydraulic filters and accessories typically used in the mobile equipment, industrial and agriculture markets. HDA has annual sales of approximately US$10 million and employs 88 people.

“This acquisition will allow us to establish a presence in the local hydraulic filter market and offers us a new distribution channel that can complement Parker’s existing distributor network throughout the region,” said Ricardo Machado, president of Parker’s Latin America Group. “In addition, HDA enjoys a good reputation in the market and helps us achieve our goal of broadening our offering of products to these critical end markets.”