# Kaman to acquire Parker-Hannifin aircraft wheel and brake division for $440M

Kaman Corporation signed a definitive agreement to acquire Parker-Hannifin's Aircraft Wheel & Brake division for $440 million, subject to working capital adjustment and regulatory approvals. The division operates from one facility in Avon, Ohio.

- Type: Acquisition
- Announced: 2022-05-23
- Where: Avon, Ohio, United States
- Value: $440.0M
- Status: announced
- Products: aircraft wheels, aircraft brakes, hydraulic components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

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

## Sources

- [kaman.com](https://kaman.com/kaman-corporation-announces-definitive-agreement-to-acquire-the-parker-hannifin-aircraft-wheel-brake-division-2/), 2022-05-23: "Kaman will acquire Parker's aircraft wheel & brake division ("Aircraft Wheel & Brake") for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals"

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