PH · 8-K · 20261105PR000170
Acquisition / Partnership / Divestiture
Parker-Hannifin Corp · 2026-11-05 · Importance 71 · Surprise 60
Parker reported that it completed the acquisition of Filtration Group Corporation during the quarter, describing the deal as expanding its filtration offering and aftermarket business. Fiscal 2027 guidance now incorporates Filtration Group and assumes acquisitions contribute approximately 9% to reported sales growth. Cash paid for acquisitions, net of cash acquired, was $9.102 billion in the quarter, compared with $1.013 billion a year earlier. The balance sheet showed goodwill of $16.216 billion and net intangible assets of $11.686 billion at September 30, 2026, up from $11.109 billion and $7.280 billion, respectively, at June 30.
Key facts
- Parker-Hannifin Corp completed its acquisition of Filtration Group Corporation, expanding its filtration offering and aftermarket business. source
- Parker-Hannifin Corp's pending acquisition of CIRCOR International Inc.'s Commercial and Defense Aerospace business is subject to uncertainty around timing, successful completion, and integration. source
- Parker-Hannifin Corp identified uncertainty in integrating Filtration Group Corporation and Curtis Instruments, Inc. as a factor that may affect future performance. source
- Parker-Hannifin Corp identified its ability to successfully divest businesses planned for divestiture and realize anticipated benefits as a factor that may affect future performance. source