Circor Aerospace expands Parker Hannifin's defense capabilities with key technologies.
Credit: Circor Aerospace & Defense/Aerodyne Controls
Major motion and control supplier Parker Hannifin said May 21 it will buy the similar Circor aerospace and defense business from private equity owner KKR for $2.55 billion in cash. The deal broadens and deepens Parker Hannifin’s specific aerospace and defense exposure and follows the multi...
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Parker Hannifin Bulks Up By Buying Circor Aerospace and Defense is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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