# 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.

- Type: Acquisition
- Announced: 2026-05-21
- Where: United States
- Value: $2.55B
- Status: announced
- Products: flight-critical motion control products, flow control products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Parker-Hannifin](https://endata.com/companies/479.md) (acquirer)
- [CIRCOR International](https://endata.com/companies/2122.md) (partner)
- [CIRCOR International](https://endata.com/companies/2122.md) (target)
- [KKR & Co](https://endata.com/companies/7617.md) (partner)
- [Cube Parent, Inc.](https://endata.com/companies/14404.md) (target)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/2064456/parker-to-acquire-circors-commercial-and-defense-aerospace-business), 2026-05-21: "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."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22967408/parker-hannifin-to-acquire-circors-aerospace-business-in-255b-deal), 2026-05-21: "Parker plans to acquire the aerospace and defense business of pump and valve supplier Circor International in a deal valued at more than $2.5 billion."
- [conseil-concurrence.ma](https://conseil-concurrence.ma/en/press-release-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-acquisition-by-the-company-parker-hannifin-corporation-of-the-exclusive-control/), 2026-06-19: "Acquisition of exclusive control. Economic sectors concerned: Manufacturing and distribution of aerospace valves and pressure sensors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.