Parker Hannifin to acquire CIRCOR's Aerospace business for $2.55 billion

Parker Hannifin has agreed to acquire the Commercial and Defense Aerospace business of CIRCOR International for a cash purchase price of $2.55 billion, with closing expected in the second half of 2026. The unit projects about $270 million in 2026 sales.

“The company entered into a definitive agreement to acquire the Commercial and Defense Aerospace business of CIRCOR International, Inc. on a cash-free, debt-free basis for a cash purchase price of $2.55 billion.”barchart.com

• 3 sources
• barchart.comParker to Acquire CIRCOR’s Commercial and Defense Aerospace BusinessMay 21, 2026
• inddist.comParker Hannifin to Acquire Circor's Aerospace Business in $2.55B Deal | Industrial DistributionMay 21, 2026
• conseil-concurrence.maPress release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Parker-Hannifin Corporation” of the exclusive control of the company “Cube Parent, Inc.” - Conseil de la concurrence du MarocJun 19, 2026

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