M&A
confidence high
sentiment neutral
materiality 0.80
Parker-Hannifin to acquire Filtration Group for $9.25B cash
Parker-Hannifin Corp
- Purchase price of $9.25B on a cash-free, debt-free basis, subject to net working capital adjustment.
- Filtration Group is a private company providing complementary filtration technologies for critical applications.
- Deal to be funded with new debt and cash on hand; closing requires HSR and other regulatory approvals.
- Pre-closing carveout of Facet Filtration business to Filtration Group stockholders.
- Outside date for closing is February 10, 2027, with customary termination rights.