SK Capital completes acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; rebrands as Axillon Aerospace
Acquiring Company
Noramco Group and Extractas Bioscience
Acquired Company
Parker-Hannifin Corporation
Description
SK Capital, a private investment firm, has successfully closed the acquisition of North America Composites & Fuel Containment Division from Parker Hannifin. The acquired division has been rebranded as Axillon Aerospace, a leading provider of engineered carbon fiber composite components and fuel containment solutions for the defense and commercial aerospace markets, generating annual sales of approximately $350 million.
Quick answer
Noramco Group and Extractas Bioscience is acquiring Parker-Hannifin Corporation, announced November 4, 2024. Noramco Group and Extractas Bioscience is based in United States.
- How much did Noramco Group and Extractas Bioscience pay for Parker-Hannifin Corporation?
- The deal value was not disclosed.
- What does Noramco Group and Extractas Bioscience do?
- Noramco Group is a prominent manufacturer of controlled substances and drug intermediates.
- Where are Noramco Group and Extractas Bioscience and Parker-Hannifin Corporation based?
- Noramco Group and Extractas Bioscience is based in United States. Parker-Hannifin Corporation is based in Cleveland, Ohio, United States.
Source: Fundz verified event record.
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Who to call at Noramco Group and Extractas Bioscience, and when
When Noramco Group and Extractas Bioscience changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Noramco Group and Extractas Bioscience raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Parker-Hannifin Corporation?
Parker-Hannifin Corporation was acquired by Noramco Group and Extractas Bioscience, based in United States. The deal was reported on November 4, 2024. Noramco Group is a prominent manufacturer of controlled substances and drug intermediates. Extractas Bioscience specializes in the production of purified products. Noramco Group and Extractas Bioscience is privately held and operates in Finance.
When did Noramco Group and Extractas Bioscience acquire Parker-Hannifin Corporation?
Noramco Group and Extractas Bioscience's acquisition of Parker-Hannifin Corporation was reported on November 4, 2024. SK Capital, a private investment firm, has successfully closed the acquisition of North America Composites & Fuel Containment Division from Parker Hannifin. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Parker-Hannifin Corporation do?
Parker-Hannifin is a global leader in motion and control technologies. Established for over a century, the company enables engineering breakthroughs contributing to a better tomorrow. It is publicly traded (PH), operating in Manufacturing, and is based in Cleveland.
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