Cases & Deals

Parker Hannifin sells automotive air conditioning portion of Mobile Climate Systems Division to ContiTech AG

Clients Parker Hannifin Corporation

Jones Day advised Parker Hannifin Corporation in the sale of the automotive air conditioning portion of its Mobile Climate Systems Division to ContiTech AG of Hanover, Germany. The automotive air conditioning business manufactures highly engineered components for the global light vehicle automotive industry such as hose and tube assemblies, accumulators, receiver dryers and oil coolant assemblies.