# Parker Hannifin to acquire CLARCOR for $4.3bn

Parker Hannifin and CLARCOR have entered into a definitive agreement under which Parker will acquire CLARCOR for about $4.3 billion.

- Type: Acquisition
- Announced: 2017-03-03
- Where: Hatfield, Pennsylvania, United States
- Value: $4.30B
- Status: announced
- Products: filtration products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Parker-Hannifin](https://endata.com/companies/479.md) (acquirer)
- [CLARCOR](https://endata.com/companies/480.md) (target)
- [Porter Instrument](https://endata.com/companies/1228.md) (target)
- [Philpott Ball & Werner](https://endata.com/companies/1229.md) (partner)

## Sources

- [industrialvalvenews.com](https://www.industrialvalvenews.com/tag/parker-hannifin/), 2017-03-03: "Parker Hannifin Corporation and CLARCOR Inc., today announced that the companies have entered into a definitive agreement"
- [pbandw.com](https://pbandw.com/portfolio/porter-instrument-has-been-acquired-by-parker-hannifin/), 2017-04-05: "Porter Instrument Company, Inc., a designer and manufacturer of precision flow instrumentation, has been acquired by Parker Hannifin (NYSE:PH)."

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