# Kaman to acquire Parker-Hannifin's Aircraft Wheel & Brake Division for $440 million

Kaman Corporation has entered into a definitive agreement to acquire Parker-Hannifin's aircraft wheel & brake division for $440 million. The divestiture is to secure regulatory approval for Parker's acquisition of Meggitt PLC.

- Type: Acquisition
- Announced: 2019-03-06
- Value: $440.0M
- Status: announced
- Products: aircraft wheel & brake systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Parker-Hannifin](https://endata.com/companies/479.md) (target)
- [Kaman Corporation](https://endata.com/companies/5748.md) (acquirer)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/bizwire-2022-5-23-kaman-corporation-announces-definitive-agreement-to-acquire-the-parker-hannifin-aircraft-wheel-and-brake-division), 2019-03-06: "Kaman will acquire Parker’s aircraft wheel & brake division for $440 million"

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