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Feb 25, 2012

TRUCKS PRODUCT & ACCESORIES * USA

* Ohio - Eaton to buy Turkish hose manufacturer

Cleveland,OH,USA -Reuters -Feb 24, 2012: -- Diversified U.S. manufacturer Eaton Corp raised its 2012 profit target to account for an acquisition in Turkey that it expects to add to earnings... Eaton, the maker of electrical systems and truck transmissions, will buy Turkish hose manufacturer Polimer Kauçuk Sanayi ve Pazarlama AS for an unspecified sum, a deal that will help it grow in Central and Eastern Europe... The Turkish company, also known as SEL, makes industrial and hydraulic hose for construction, mining, and other uses. Its 2011 sales totaled about $335 million...

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