Acquiring Company
Parker-Hannifin Corporation
Acquired Company
Meggitt PLC
ClevelandManufacturingSoftwareAerospaceDescription
Parker-Hannifin Corporation, the global leader in motion and control technologies, today announced it has completed its acquisition of Meggitt PLC for approximately £6.3 billion. Meggitt, headquartered in Coventry, the UK, had annual revenue of approximately £1.63 billion for the 12 months ending June 30, 2022 and employs more than 9,000 team members serving customers around the world. Meggitt has diverse aerospace and defense exposure with technology and products on almost every major aircraft platform.
Quick answer
Parker-Hannifin Corporation is acquiring Meggitt PLC, announced September 13, 2022. Parker-Hannifin Corporation is based in Cleveland, Ohio, United States.
- How much did Parker-Hannifin Corporation pay for Meggitt PLC?
- The deal value was not disclosed.
- What does Parker-Hannifin Corporation do?
- Parker-Hannifin is a global leader in motion and control technologies.
- Where are Parker-Hannifin Corporation and Meggitt PLC 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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Who to call at Parker-Hannifin Corporation, and when
When Parker-Hannifin Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Parker-Hannifin Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parker-Hannifin Corporation, from your own LinkedIn network
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Frequently asked
Who acquired Meggitt PLC?
Meggitt PLC was acquired by Parker-Hannifin Corporation, based in Cleveland. The deal was reported on September 13, 2022. 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 Meggitt PLC?
Parker-Hannifin Corporation's acquisition of Meggitt PLC was reported on September 13, 2022. Parker-Hannifin Corporation, the global leader in motion and control technologies, today announced it has completed its acquisition of Meggitt PLC for approximately £6.3 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Meggitt PLC do?
Working closely with our Customers, we deliver technologically differentiated systems and products with high certification requirements in aerospace, defence and selected energy markets. It is privately held.
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