Parker Hannifin Bulks Up By Buying Circor Aerospace and Defense

Circor Aerospace

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...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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