Parker Hannifin to Acquire CIRCOR Aerospace for $2.55 Billion

KKR Announces Planned Sale of CoolIT Systems and Sale of Viridor; Also Announces $2.55B Sale of CIRCOR International’s Aerospace Division

August 2, 2026

Financial Services

KKR reported record monetization driven by multiple investment exits, including several deals completed or IPOs finalized. The company also cited announced (not yet closed as of June 30) transactions: the planned sale of CoolIT Systems and the sale of Viridor, as well as a $2.55 billion sale of CIRCOR International’s aerospace division.

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.

CIRCOR International to Acquire Swelore Engineering and Hiro Nisha Systems

August 22, 2025

Industrial Services

CIRCOR International (KKR portfolio company) has signed a definitive agreement to acquire Swelore Engineering Pvt. Ltd. and Hiro Nisha Systems Pvt. Ltd., two Indian pump manufacturers, with a combined legacy of over 50 years. The deal will add diaphragm metering pumps, dosing packages, and high-pressure reciprocating pumps to CIRCOR’s Industrial portfolio and strengthen its footprint in India. The transaction is expected to close in Q3/Q4 2025, subject to customary closing conditions.

KKR Investment Affiliates Complete Acquisition of CIRCOR International

October 18, 2023

Industrial Services

CIRCOR International was acquired by investment affiliates of KKR for $56.00 per share, completing the transition from a public company to a private one. As part of the close, Dan Daniel will assume the role of Chair, and CIRCOR common stock ceased trading on the New York Stock Exchange.

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.

Parker-Hannifin Acquires Meggitt for £6.3 Billion

August 2, 2021

Aerospace & Defense

Parker-Hannifin announced it has reached terms for a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Meggitt. The deal is valued at £6.3 billion and is subject to regulatory clearances and Meggitt shareholder approval.