Acquiring Company
Parker Hannifin Corporation
Acquired Company
Filtration Group Corporation
ClevelandUnited StatesManufacturingManufacturingDescription
Parker Hannifin Corporation has successfully completed the acquisition of Filtration Group Corporation. This strategic move is aimed at enhancing Parker's capabilities in filtration technologies and increasing shareholder value. The acquisition is expected to add approximately $1.8 billion in sales for fiscal 2027 and create strong recurring revenue streams.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Filtration Group Corporation?
Filtration Group Corporation was acquired by Parker Hannifin Corporation, based in Cleveland. The deal was reported on August 13, 2026. Parker Hannifin Corporation is a global leader in motion and control technologies. The company provides precision-engineered solutions for a range of mobile, industrial, and aerospace markets. Parker Hannifin Corporation is privately held and operates in Manufacturing.
When did Parker Hannifin Corporation acquire Filtration Group Corporation?
Parker Hannifin Corporation's acquisition of Filtration Group Corporation was reported on August 13, 2026. Parker Hannifin Corporation has successfully completed the acquisition of Filtration Group Corporation. This strategic move is aimed at enhancing Parker's capabilities in filtration technologies and increasing shareholder value. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Filtration Group Corporation do?
Filtration Group Corporation specializes in innovative filtration technologies for critical applications. The company focuses on high value, performance-critical applications with a strong aftermarket presence. It is privately held, operating in Manufacturing, and is based in United States.