Parker-Hannifin Acquires Meggitt for £6.3 Billion

Parker Hannifin to Acquire Filtration Group in $9.25 Billion Deal

November 11, 2025

Industrial Services

Parker Hannifin has signed a definitive agreement to acquire Filtration Group for $9.25 billion. The transaction is expected to significantly expand Parker’s filtration portfolio and strengthen its global aftermarket presence, and is expected to close within six to twelve months subject to regulatory approvals and customary conditions.

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.

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.

Loar Holdings Acquires Harper Engineering for $250 Million

January 24, 2026

Aerospace & Defense

Loar Holdings completed an all-cash acquisition of Harper Engineering Company for $250 million. Loar said it will combine its operational and engineering capabilities with Harper’s portfolio of aircraft interior latching and securing mechanisms to expand Harper’s aftermarket footprint and support growth from rising commercial aircraft build rates.

Honeywell to Acquire Johnson Matthey's Catalyst Technologies Business

May 22, 2025

Industrial Services

Honeywell agreed to acquire Johnson Matthey’s Catalyst Technologies business segment in an all-cash deal, originally valued at £1.8 billion and later amended to £1.325 billion. The acquisition is expected to close by the end of August 2026 (subject to regulatory approvals) and is intended to strengthen Honeywell UOP and expand its catalyst and renewable fuels capabilities.