Parker Hannifin Acquires Filtration Group Corporation for $9.25 Billion
November 11, 2025
Parker Hannifin signed a definitive agreement to acquire Filtration Group Corporation for $9.25 billion (cash-free, debt-free), expanding its filtration portfolio and strengthening global aftermarket presence. The deal was completed on August 13, 2026. Filtration Group is expected to add roughly $1.8 billion to Parker’s fiscal 2027 sales in the first 10.5 months of ownership.
- Buyers
- Parker Hannifin Corporation
- Targets
- Filtration Group Corporation
- Sellers
- Madison Capital Partners Corporation, Madison Industries (affiliated/owner described as privately held company affiliated with Madison Industries)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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