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Parker Hannifin to acquire CIRCOR Aerospace for $2.55B

PUBLIC · PHMay 21, 2026

Acquiring Company

Parker-Hannifin Corporation

Acquired Company

CIRCOR Aerospace

ClevelandManufacturingSoftwareAerospaceManufacturingAerospace

Description

Parker Hannifin Corporation has announced a definitive agreement to acquire CIRCOR Aerospace for $2.55 billion. This acquisition is expected to enhance Parker's capabilities in flight-critical motion and flow control technologies. The transaction is anticipated to close in the second half of 2026, pending regulatory approvals. CIRCOR Aerospace projects significant sales growth, adding value to Parker's portfolio.

Quick answer

Parker-Hannifin Corporation is acquiring CIRCOR Aerospace for $2.5 billion, announced May 21, 2026. Parker-Hannifin Corporation is based in Cleveland, Ohio, United States.

How much did Parker-Hannifin Corporation pay for CIRCOR Aerospace?
The reported deal value is $2.5 billion.
What does Parker-Hannifin Corporation do?
Parker-Hannifin is a global leader in motion and control technologies.
Where are Parker-Hannifin Corporation and CIRCOR Aerospace based?
Parker-Hannifin Corporation is based in Cleveland, Ohio, United States.
Who are the decision-makers at Parker-Hannifin Corporation?
Fundz holds 1 contact at Parker-Hannifin Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Parker-Hannifin Corporation

Location

6035 Parkland Boulevard

Cleveland, Ohio, United States

About

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 has a strong record of shareholder dividend increases, making it a standout in the S&P 500 index.

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Frequently asked

Who acquired CIRCOR Aerospace?

CIRCOR Aerospace was acquired by Parker-Hannifin Corporation, based in Cleveland. The deal was reported on May 21, 2026. 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. Parker-Hannifin Corporation is publicly traded (PH) and operates in Manufacturing.

When did Parker-Hannifin Corporation acquire CIRCOR Aerospace?

Parker-Hannifin Corporation's acquisition of CIRCOR Aerospace was reported on May 21, 2026. Parker Hannifin Corporation has announced a definitive agreement to acquire CIRCOR Aerospace for $2.55 billion. This acquisition is expected to enhance Parker's capabilities in flight-critical motion and flow control technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CIRCOR Aerospace do?

CIRCOR Aerospace designs, manufactures, and supports highly engineered flight-critical motion and flow control products. It serves both commercial and defense applications. It is privately held, operating in Manufacturing.

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