Eaton completed acquisition Polimer Kauçuk Sanayi ve Pazarlama A.Ş.

“Turkey’s stable economy makes it an attractive place to invest and Polimer’s manufacturing presence in this country positions us for growth not only in Turkey but also in Europe, the Middle East and beyond.”

Founded in 1957, Polimer is headquartered in Turkey. It has manufacturing locations in Israel and Turkey, a sales office in Singapore and assembly operations in China. Many of its products are sold globally under the SEL Hose brand name.

“This acquisition enhances our global fluid conveyance business and the value we bring to our customers and distributors,” said Astrid Mozes, president of Eaton’s Hydraulics Group in Europe, Middle East and Africa. “Specifically, this acquisition represents an important step in our growth strategy because it will significantly broaden our hose product portfolio, expand our global hose manufacturing footprint and allow us to better serve emerging markets.”