PH · 8-K · 20260806PR000082
Acquisitions and Divestitures
Parker-Hannifin Corp · 2026-08-06 · Importance 71 · Surprise 60 · In source text
Parker completed the acquisition of Curtis Instruments, Inc. during fiscal 2026. The company also announced agreements to acquire Filtration Group Corporation and CIRCOR International Inc.'s Commercial and Defense Aerospace Business, but excluded those pending acquisitions from fiscal 2027 guidance. Fiscal 2026 cash flow statements show $1,014 million of cash used for acquisitions, net of cash acquired, compared with no acquisition cash outflow in fiscal 2025.
Key facts
- Parker completed the acquisition of Curtis Instruments, Inc. source
- Parker announced agreements to acquire Filtration Group Corporation. source
- Parker announced agreements to acquire CIRCOR's Commercial and Defense Aerospace Business. source
- Acquisitions, net of cash acquired, for the twelve months ended June 30, 2026 were $(1,014) million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | Parker completed the acquisition of Curtis Instruments, Inc. |
| cash | negative | committed | — | Parker completed the acquisition of Curtis Instruments, Inc. |
| assets | positive | probable | — | Parker announced agreements to acquire Filtration Group Corporation. |
| revenue | positive | probable | — | Parker announced agreements to acquire Filtration Group Corporation. |
| assets | positive | probable | — | Parker announced agreements to acquire CIRCOR's Commercial and Defense Aerospace Business. |
| revenue | positive | probable | — | Parker announced agreements to acquire CIRCOR's Commercial and Defense Aerospace Business. |