Parker Hannifin Acquires Exotic Metals Forming Company
September 16, 2019
Parker Hannifin Corporation completed the cash acquisition of Exotic Metals Forming Company LLC for $1.725 billion. The purchase brings Exotic's high-temperature, high-pressure air and exhaust management and complex engine turbine hot-section assemblies into Parker's Aerospace group to expand Parker's engine and aircraft systems capabilities.
- Buyers
- Parker Hannifin Corporation
- Targets
- Exotic Metals Forming Company LLC
- Industry
- Aerospace & Defense
- Location
- Washington, United States
- Transaction Type
- Buyout
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