• Parker Hannifin Corp. (Cleveland) signed an agreement to sell the automotive air conditioning portion of its Mobile Climate Systems Division to ContiTech AG (Hanover, Germany).

• Sullair Corp. (Michigan City, Ind.) announced that United Technologies (Hartford, Conn.) reached an agreement with the private equity firms of The Carlyle Group (Washington) and BC Partners (London) for the purchase of Hamilton Sundtrand Corp.’s (Windsor Locks, Conn.) industrial businesses, including Sullair Corp.

Publication date: 9/17/2012