Parker-Hannifin Acquires Meggitt for £6.3 Billion

Parker Hannifin to Acquire CIRCOR Aerospace for $2.55 Billion

May 24, 2026

Industrial Services

KKR and CIRCOR International have signed a definitive agreement to sell CIRCOR Aerospace, the company’s commercial and defense aerospace division, to Parker Hannifin for $2.55 billion. The deal is expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions.

Parker Hannifin Acquires Filtration Group Corporation for $9.25 Billion

November 11, 2025

Industrial Services

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.

Kaman Corporation Acquires Parker-Hannifin's Aircraft Wheel & Brake Division for $440 Million

September 16, 2022

Aerospace & Defense

Kaman Corporation entered into a definitive agreement to acquire Parker-Hannifin’s Aircraft Wheel & Brake division for $440 million, subject to working capital adjustment and regulatory approvals. The acquisition was completed on September 16, 2022.

Xaar Acquires Megnajet

March 3, 2022

Manufacturing

Xaar has completed the acquisition of Megnajet, a UK-based designer and manufacturer of industrial ink management and supply systems. The purchase expands Xaar's inkjet solutions portfolio and strengthens its capability to offer more integrated ink supply and electronics systems to OEM customers, while Megnajet will continue to grow under new leadership.

Parker Hannifin Acquires Exotic Metals Forming Company

September 16, 2019

Aerospace & Defense

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.

Leggett & Platt Acquires Pegasus Manufacturing

March 15, 2016

Manufacturing

Leggett & Platt Incorporated has acquired Pegasus Manufacturing, Inc., a Middletown, Connecticut-based aerospace manufacturer that produces fabricated tubes, pipe assemblies, precision-machined parts and gears for commercial and military aircraft engines and land-based turbines. Terms were not disclosed; Carter Morse & Mathias served as financial advisor to Leggett & Platt. The acquisition expands Leggett & Platt's Aerospace Products Group capabilities and strengthens its product and market presence in aerospace components.