Parker Hannifin has agreed to acquire the Commercial and Defense Aerospace business of CIRCOR International for a cash purchase price of $2.55 billion, with closing expected in the second half of 2026. The unit projects about $270 million in 2026 sales.
Parker Hannifin was awarded a $11,567,431 firm-fixed-price delivery order by the U.S. Navy to overhaul 583 secondary bleed air pressure regulating valves for the F/A-18, with work in Irvine, California, expected to finish by December 2028.
Parker-Hannifin Corporation proposed to acquire 100% of the share capital of Filtration Group Corporation, both of which supply filtration products for industrial applications in Australia. The deal was filed with the ACCC on February 5, 2026.
Parker-Hannifin has agreed to acquire Filtration Group Corporation, a U.S. private company affiliated with Madison Industries, on a cash-free, debt-free basis for $9.25 billion. The deal is expected to close within six to twelve months, subject to regulatory approvals.
Parker Hannifin won a contract to supply filtration, power augmentation and acoustic silencing systems for 29 GE Vernova LM2500XPRESS gas turbines at the Stargate Site 1 data center in Abilene, Texas. The turbines total over 1 GWe of generation capacity.
Rehlko agreed to transfer its Curtis Instruments business to Parker Hannifin for approximately $1 billion in cash. The definitive agreement was announced July 1, 2025.
Parker Aerospace, a segment of Parker Hannifin, signed a five-year indefinite delivery contract with the US Army AMCOM to overhaul and upgrade UH-60 Blackhawk hydraulic pumps and flight control actuation, with support at Corpus Christi Army Depot, Texas.
Parker Meggitt, part of Parker Hannifin, signed a five-year, multi-million-pound SMARTSupport contract extension with Lufthansa Technik AG for spare parts and MRO services across civil aircraft and engine platforms.
Parker Hannifin is investing to expand its Gas Turbine Fuel Systems division plant in Mentor, Ohio, expected to create 60 full-time jobs and $4.6 million in annual payroll. The expansion also retains $14.8 million in existing payroll.
The Court-sanctioned scheme of arrangement for Parker's acquisition of aerospace components maker Meggitt became effective on 12 September 2022. The deal value is not stated in the article.
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.
Parker Hannifin will protect the aero-derived gas turbines of Italian Navy FREMM frigates and US Navy FFG62 frigates with its altair Neptune air filtration systems. The Italian order was extended by two ship sets for 2022 delivery, and the US order will reach 10 ship sets over six years.
Parker-Hannifin agreed to buy all of Meggitt PLC, the Coventry-based aerospace and defense motion and control company, for about GBP 6.3 billion in cash. The deal remains subject to regulatory clearances and Meggitt shareholder approval.
Parker Hannifin has installed an automation cell at its Sheffield, UK site that makes cryogenic valves, costing around US$500,000. The cell combines a bar feeder, a DMG MORI CNC lathe and an ABB Flexloader robot to cut setup times.
QCC LLC acquired the Woodward EFC (Electronic Fuel Control) product line, supporting continuity of supply for industrial, mobile off-highway and energy customers. The announcement is dated 16 December 2024.
Parker Hannifin's HVAC Filtration Division announced a multi-year investment in its existing Jeffersonville, Indiana facility to increase manufacturing capacity for HEPA and medical filters. The investment is supported by the River Ridge Development Authority and the Indiana Economic Development Corporation.
Parker-Hannifin entered into a Share Purchase Agreement with EMFCO Holdings and its shareholders on July 26, 2019. The filing does not state the deal value or the target's location.
Parker-Hannifin entered a merger agreement under which it will acquire LORD Corporation for $3.675 billion in cash on a cash-free, debt-free basis, to be financed with new debt.
Parker Aerospace, a segment of Parker Hannifin, will make oil tanks for the CFM LEAP-1A engine as a second source for Safran Oil Systems, using robotic welding. The contract continues a relationship of more than 30 years.
Parker Hannifin's Instrumentation Group signed a four-year Enterprise Framework Agreement with Shell and its affiliates worldwide to supply instrumentation valves, manifolds, fittings, tubing and enclosures.
Parker Hannifin has offered the US Department of Justice concessions, including selling the aviation fuel filtration business, to address the agency's post-closing challenge to its $4.3 billion Clarcor acquisition.
Group HES is investing £150,000 in special purpose machinery to end-form large bore high pressure pipes up to 10 inches, and will become a UK base for the Parker Pipework Centre.
Parker Hannifin has acquired Erie, Pennsylvania-based Snap-tite, a maker of high pressure fluid power components for oil and gas and industrial markets.
Parker Hannifin and CLARCOR have entered into a definitive agreement under which Parker will acquire CLARCOR for about $4.3 billion.
Parker-Hannifin agreed to acquire CLARCOR, a Franklin, Tennessee filtration manufacturer, for $83.00 per share in cash. The deal values CLARCOR at about $4.3 billion including net debt.
Parker Hannifin completed the acquisition of President Engineering Group Limited, based in Sheffield, UK, to strengthen its position in the LNG market.