Bestobell Valves LTD

cleveland, september 28, 2015 - parker hannifin corporation (nyse: ph), the global leader in motion and control technologies, announced a previously completed transaction to acquire president engineering group limited (pegl) based in sheffield, u.k. pegl's products, including the bestobell, conflow and bretby gammatech brands, assist in the acquisition, transport and storage of lng and help monitor and suppress dust and ash during mining operations. world experts and innovators in cryogenic valve design and manufacture. originally founded in 1857, bestobell has more than 50 years experience in the development and supply of cryogenic valves for industrial gas, and more than 10 years experience in providing valve solutions to the emerging lng markets and associated industries. the acquired company has become a part of parker’s instrumentation group and approximately 40 percent of revenues will be reported in the north american diversified industrial business and the remaining 60 percent