# Parker Hannifin completes acquisition of Exotic Metals Forming Company

Parker Hannifin Corporation completed its acquisition of Exotic Metals Forming Company LLC for $1.725 billion in cash on September 16, 2019. Exotic manufactures high-temperature air and exhaust management solutions for aircraft and engines.

- Type: Acquisition
- Announced: 2019-09-16
- Where: United States
- Value: $1.73B
- Status: completed
- Products: high-temperature air and exhaust management solutions, engine exhaust nozzles, engine turbine hot section assemblies, airframe and engine ducting
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Parker-Hannifin](https://endata.com/companies/479.md) (acquirer)
- [Exotic Metals Forming Company](https://endata.com/companies/40925.md) (target)

## Sources

- [investors.parker.com](https://investors.parker.com/sec-filings/all-sec-filings/content/0001193125-19-245847/d804018dex991.htm), 2019-09-16: "Parker Hannifin Completes Acquisition of Exotic Metals Forming Company"
- [investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/97/parker-hannifin-completes-acquisition-of-exotic-metals), 2019-09-16: "We are pleased to welcome the Exotic team to Parker."
- [airport-technology.com](https://www.airport-technology.com/news/parker-hannifin-exotic-metals-forming/), 2019-09-16: "The addition of Exotic significantly expands our capabilities and increases Parker's offering in the attractive engine segment, serving high-growth programmes."

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