# SK Capital completes acquisition of Parker Hannifin's North America Composites & Fuel Containment Division, renames to Axillon Aerospace

SK Capital has completed its acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation. The business has been renamed Axillon Aerospace and is a provider of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace markets.

- Type: Acquisition
- Announced: 2024-11-04
- Where: United States
- Jobs: 1,700
- Status: completed
- Products: carbon fiber composite components, fuel containment solutions
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Parker-Hannifin](https://endata.com/companies/479.md) (target)
- [SK Capital](https://endata.com/companies/5414.md) (acquirer)
- [Axillon Aerospace](https://endata.com/companies/81087.md) (partner)

## Sources

- [skcapitalpartners.com](https://skcapitalpartners.com/sk-capital-closes-acquisition-of-north-america-composites-changes-name-to-axillon-aerospace/), 2024-11-04: "SK Capital is investing in Axillon Aerospace to build upon its legacy of innovation, quality, and commitment to customer excellence."

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