June 30 (Reuters) - Motion and control products maker

Parker-Hannifin ( PH ) has agreed to buy Curtis Instruments from

privately held power generation systems maker Rehlko for $1

billion, it said on Monday.

Curtis Instruments designs and makes products such as motor

speed controllers, instrumentation and traction systems for

electric and conventional vehicles.

Parker said it expects Curtis' products to complement

its existing portfolio of electric vehicle motors and hydraulic

and electrification products.

Curtis is expected to generate sales of approximately

$320 million in FY25.

The all-cash deal is expected to close by the end of

2025, Parker said.