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.

Targets
Filtration Group Corporation
Sellers
Madison Capital Partners Corporation, Madison Industries (affiliated/owner described as privately held company affiliated with Madison Industries)
Location
Illinois, United States
Transaction Type
Buyout

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