PH · News · 20260806N
Acquisition / Partnership / Divestiture
Parker-Hannifin Corp · 2026-08-06 · Importance 71 · Surprise 60 · In source text
Parker completed its acquisition of Curtis Instruments, Inc. during fiscal 2026. The company also announced agreements to acquire Filtration Group Corporation and CIRCOR International’s Commercial and Defense Aerospace business. The CIRCOR aerospace transaction was reported at approximately $2.55 billion in cash and is intended to expand Parker’s high-margin aerospace portfolio.
Key facts
- Parker announced the acquisition of CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion in cash. source
- Parker completed the acquisition of Curtis Instruments, Inc. and announced agreements to acquire Filtration Group Corporation and CIRCOR's Commercial and Defense Aerospace Business. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Parker announced the acquisition of CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion in cash. |
| assets | positive | probable | — | Parker announced the acquisition of CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion in cash. |
| assets | positive | realized | — | Parker completed the acquisition of Curtis Instruments, Inc. and announced agreements to acquire Filtration Group Corporation and CIRCOR's… |
| assets | positive | probable | — | Parker completed the acquisition of Curtis Instruments, Inc. and announced agreements to acquire Filtration Group Corporation and CIRCOR's… |