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· Chemical Engineering Online
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Parker Hannifin, the Cleveland-based leader in motion and control technologies, has completed its $9.25 billion acquisition of Filtration Group Corporation (Oak Brook, IL). CEO Jenny Parmentier called the deal a milestone in Parker’s ongoing portfolio transformation and welcomed Filtration Group’s employees to the company.

What impacts do you expect this acquisition to have on Parker Hannifin’s filtration capabilities and market reach, and where might the biggest integration challenges arise?

Parker Hannifin completes $9.25-billion Filtration Group acquisition

This article was originally posted on Chemical Engineering.
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Parker Hannifin Corp. (Cleveland, Ohio), the global leader in motion and control technologies, has announced it has completed its acquisition of Filtration Group Corporation (Oak Brook, Ill.) for $9.25 billion. “The close of this transaction marks another milestone in our ongoing portfolio transformation, and we welcome our new team members to Parker,” said Jenny Parmentier, […]

The post Parker Hannifin completes $9.25-billion Filtration Group acquisition appeared first on Chemical Engineering.

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